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    1111 Sherman Ave Madison, WI 53704

    For Lease
    $23 SF/Yr ($2,500 /Mo)

    Prime East Madison Retail - 1300 SF

    Lot size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1,300 square foot retail space is ideally situated on Sherman Avenue in a rapidly developing area of Madison, Wisconsin, within Dane County. The property offers high visibility as an endcap unit, benefiting from its proximity to the revitalized Northgate Shopping Center. The location is experiencing significant growth, with new multi-unit apartment complexes under construction and new retail and service businesses establishing themselves in the neighborhood. This presents a unique opportunity for businesses seeking exposure in a thriving market. The property's single-tenant occupancy allows for complete customization and control of the space. Its convenient location provides easy access to downtown Madison, the north side of the city, and the Tenney-Lapham neighborhood, making it an attractive destination for customers from various areas. The space is currently vacant and ready for immediate occupancy. This prime retail location offers exceptional potential for growth and success in a dynamic and expanding commercial district. The property's connection to the Northgate Shopping Center further enhances its appeal and provides access to existing customer traffic. This is an excellent opportunity to establish a business in a vibrant and up-and-coming area of Madison.

    Property Features for 1111 Sherman Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,300 SF
    Total Rate
    2500.33

    Unit(s) available at that property

    Space
    Endcap Unit
    Size
    1,300 SF
    Rate per SF
    $23

    HighLights

    • 1,300 SF retail space available for lease in Dane County.
    • Single‑tenant occupancy.
    • Located on Sherman Ave, a revitalizing area with new residential and commercial development.
    • High visibility endcap space near Northgate Shopping Center.
    • Excellent access to downtown Madison and surrounding neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cash Store Loan Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3634808
    Latitude
    43.1122599

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    FAQs

    What type of property is this?
    Retail property - Prime East Madison Retail - 1300 SF
    Where is this retail property located?
    The property is located at 1111 Sherman Ave Madison, WI.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 1,300 SF retail space available for lease in Dane County.; Single-tenant occupancy.; Located on Sherman Ave, a revitalizing area with new residential and commercial development.
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    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
    1111 Sherman Ave Madison, WI 53704
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