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Property profile & analytics
FOR LEASE
Retail space

2701 University Ave Madison, WI 53705

Built 1986
Entity Owned 2-yr Hold
Property ID
US92-1151261
Property summary
AI-generated overview

Lakepoint Commons, established in 1986, is a distinguished mixed-use development featuring 14,000 SF of premium retail suites. Conveniently situated in the heart of Madison's bustling University Avenue and Hilldale corridor, the property is located directly across from the UW Hospital. The ground-level retail shops are home to specialty retailers and sit beneath 23 well-appointed apartment units, offering a vibrant, integrated community. The development is perfectly positioned across from Shorewood Hills and among Madison’s sought after near-west neighborhoods. With prominent, illuminated tenant signage and dedicated on-site surface parking, the center provides an unparalleled opportunity to attract customers from the over 50,000+ vehicles that pass by daily. Additionally, the corner bus stop serves all major east-west Madison Metro routes, including Bus Rapid Transit, ensuring convenient access for commuters and shoppers alike.

Property profile
Verified
Property type Retail space
Year built 1986
UPID US92-1151261
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
  • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • Fitness Solutions Gym & Fitness Center
  • Dr. Matthew G. Erickson, MD Physician
  • William Thomas Jewelers (Bike/Boat/Book/etc) Store
  • Pre-Dating Speed Dating Employment Agency
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
by Request
Owner & transaction history
Lakepoint Commons LLC · 2 yrs held
Lakepoint Commons LLC
since 2024
2 recorded transactions
2024
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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