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    1936 Tennyson Ln Madison, WI 53704

    Sponsored
    For Lease
    $15 SF/Yr

    Former salon, flexible space, ample parking.

    Lot size:
    62,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity in Madison, Wisconsin's Northeast submarket presents a versatile space ideal for a variety of businesses. Located at 1936 Tennyson Ln, 53704, this property boasts a total of 62,000 square feet within a single, four-story building constructed in 2018. Currently, 10,000 square feet of vacant space is available, divisible into units as small as 1,000 square feet and up to a contiguous 10,000 square feet. The property sits on an expansive 8-acre lot, providing "plenty of parking" for customers and employees. The building's zoning is PD, offering flexibility for potential tenants. This former salon space presents a unique chance to establish a presence in a thriving area. The property's size and layout offer significant potential for customization and adaptation to suit diverse business needs. Its convenient location and ample parking make it an attractive option for businesses seeking high visibility and accessibility. This is a rare opportunity to secure a substantial retail space in a desirable Madison neighborhood.

    Property Features for 1936 Tennyson Ln

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,000 SF
    Total Rate
    77500

    Building Details

    Year Built
    2018
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Floor 1
    Size
    1,000 SF
    Rate per SF
    $18

    HighLights

    • 60,000 SF Total Building Size
    • Suites ranging from 1,000 to 10,000 SF available
    • Lease Rate: $15‑18/SF, NNN
    • Previously occupied by a salon and physical therapy practice
    • Abundant natural light
    • Features a state‑of‑the‑art physical therapy pool
    Property Profile Location Intelligence

    Current Use by Public Records

    Bay Harbor Memory ... Assisted Living Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3573318
    Latitude
    43.1352069

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    FAQs

    What type of property is this?
    Individual retail property - Former salon, flexible space, ample parking.
    Where is this individual retail property located?
    The property is located at 1936 Tennyson Ln Madison, WI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 60,000 SF Total Building Size; Suites ranging from 1,000 to 10,000 SF available; Lease Rate: $15-18/SF, NNN
    Request Owner's contact information
    1936 Tennyson Ln Madison, WI 53704
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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
    1936 Tennyson Ln Madison, WI 53704
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