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    OFF-MARKET
    Retail properties & Spaces

    2402 Springs Dr, Madison, WI 53704

    Property ID
    Property summary
    AI-generated overview

    This exceptional retail space, located near East Towne Mall in Dane County, offers 3,520 square feet of recently renovated inline space. The property boasts new flooring throughout and features a flexible floor plan including a large open area, two private offices, ample storage, and two restrooms. Its ideal for a variety of retail uses, including showrooms. The property benefits from abundant on-site parking and a strong tenant mix, including Johnson Fitness & Wellness Store, Agrace resale, Focus Boardshop, and Phenix Salons. Currently available as a sublet with a lease expiring July 31, 2026, this presents a fantastic short-term opportunity with the potential for a long-term direct lease. The property's convenient location near East Towne Mall ensures high visibility and accessibility for customers. This is a rare opportunity to secure a well-maintained, versatile retail space in a thriving commercial area. The existing lease provides immediate occupancy, allowing for a quick start to operations. Don't miss this chance to establish your business in a prime location with excellent co-tenants.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Agrace Thrift Store | Madison East (Bike/Boat/Book/etc) Store
    • Plan 5Z Shops LLC Shopping Center & Mall
    • On The Go Mobile Repair LLC. Computer & Electronic Repair Tech Support Center
    • Wisco Kidz Place LLC Family Recreation Center
    • Johnson Fitness & Wellness Store Gym & Fitness Center (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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