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    5250 Terrace Dr Madison, WI 53718

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    For Lease
    Contact for pricing

    Class A Office Suites, Flexible Sizes

    Lot size:
    31,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, situated in Madison's American Center Office Park, offers a variety of high-quality spaces. The single-story building, constructed in 1997, boasts a total of 31,989 square feet and features 132 parking spaces for ample tenant and visitor convenience. Currently, there are multiple suites available, ranging from a minimum of 1,806 square feet to a maximum contiguous space of 3,500 square feet, with a total of 5,306 square feet currently vacant. The property sits on a generous 3.4-acre lot and is zoned SEC. Enjoy the benefits of a prime location with easy access to Interstates 90/94 and Highway 151, placing you minutes away from East Towne Mall and Dane County Regional Airport. The building has recently undergone significant improvements, including brand new common area updates to the lobby, restrooms, building entrances, and a shared conference room. Large windows throughout the building provide abundant natural light. This is an ideal opportunity for businesses seeking modern, well-maintained office space in a highly desirable location. The building's traditional and executive office spaces cater to a variety of business needs and sizes.

    Property Features for 5250 Terrace Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,989 SF
    Class
    A

    Building Details

    Year Built
    1997
    Stories
    1

    Unit(s) available at that property

    Space
    Suite I
    Size
    3,500 SF
    Space
    Suite 148
    Size
    1,806 SF

    HighLights

    • Class A office building totaling 31,989 square feet.
    • Single‑story building constructed in 1997, situated on a 3.4‑acre lot.
    • Multiple tenancies available, with spaces ranging from 1,960 to 1,806 square feet.
    • 5,306 square feet of vacant space currently available.
    • 132 parking spaces available.
    • Located in Madison's American Center Office Park, with convenient access to I‑90/94 and Highway 151, near East Towne Mall and Dane County Regional Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Adam Schinke - Thrivent Financial Planner Legacy Wealth Advisors Financial Advisor Poppe Practice Management Business Management Consultant Hill Glowacki, LLP Attorney Remedy Intelligent Staffing Employment Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.291328
    Latitude
    43.1448994

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    FAQs

    What type of property is this?
    Office space - Class A Office Suites, Flexible Sizes
    Where is this office space located?
    The property is located at 5250 Terrace Dr Madison, WI.
    What are key features of this property?
    This property features: Class A office building totaling 31,989 square feet.; Single-story building constructed in 1997, situated on a 3.4-acre lot.; Multiple tenancies available, with spaces ranging from 1,960 to 1,806 square feet.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5250 Terrace Dr Madison, WI 53718
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