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    6518 Milwaukee St Madison, WI 53719

    Sponsored
    For Lease
    $24 SF/Yr

    Prime Madison retail space, multiple units available.

    Lot size:
    149,369 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 6518 Milwaukee Street in Madison, Wisconsin, offers a unique leasing opportunity. The building boasts a total of 149,369 square feet, with multiple tenancy options available. Two spaces are currently available, ranging from a minimum of 3,398 square feet to a maximum contiguous space of 8,766 square feet. There is also 12,164 square feet of vacant space currently available for lease. The property is situated in Dane County, offering excellent access to major transportation routes and a thriving local market. This versatile space is ideal for a variety of retail businesses seeking a prominent location in Madison. The property's size and layout provide flexibility for businesses of various scales, allowing for customization to meet specific operational needs. The address is 6518 Milwaukee Street, Madison, WI 53719. This prime location offers high visibility and accessibility, making it an attractive option for businesses seeking to establish or expand their presence in the Madison area. The property's substantial size and flexible lease options make it a compelling opportunity for businesses seeking a significant retail footprint in a dynamic market. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space.

    Property Features for 6518 Milwaukee St

    General Information

    Property type
    Multifamily properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    149,369 SF
    Total Rate
    298738

    Unit(s) available at that property

    Space
    Unit B
    Size
    3,398 SF
    Rate per SF
    $26
    Space
    Unit A
    Size
    8,766 SF
    Rate per SF
    $26
    Property Profile Location Intelligence

    Current Use by Public Records

    RI Apartments Apartment Building

    Suggested Use

    Realty agency Law Firm Building Supply Gym & Fitness Daycare Center Pharmacy HVAC Service Computer & Electronic Repair Nursing Home Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5214505
    Latitude
    43.0282084

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    FAQs

    What type of property is this?
    Multifamily property - Prime Madison retail space, multiple units available.
    Where is this multifamily property located?
    The property is located at 6518 Milwaukee St Madison, WI.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    Request Owner's contact information
    6518 Milwaukee St Madison, WI 53719
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    Madison, WI 53719
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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
    6518 Milwaukee St Madison, WI 53719
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