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    OFF-MARKET
    Retail properties & Spaces

    1111 Sherman Ave, Madison, WI 53704

    1,300 SF
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,300 SF
    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
    • Cash Store Loan Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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