406 Science Dr Madison, WI 53711
For Lease
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Park West I, a Class A office building located at 406 Science Dr, Madison, WI 53711, offers exceptional office space in the University Research Park. This four-story building, totaling 52,353 square feet, boasts a park-like setting on 5.4 acres of land, providing ample free parking for 222 vehicles. Built in 1989, the property features two elevators and is conveniently situated at the corner of Mineral Point Road and Whitney Way. Suites range from a minimum of 1,979 square feet to a maximum contiguous space of 6,033 square feet, catering to various business needs. The building is undergoing continuous improvements to enhance service, performance, and energy efficiency. Its location offers easy access to numerous restaurants and shopping options, and is within a 15-minute drive of downtown Madison, Greenway Station, Middleton, Verona, and Cross Plains. The property is ideal for businesses seeking a prestigious address in a thriving, amenity-rich environment. The building accommodates multiple tenants and is suitable for executive, traditional, and medical office uses. This is a rare opportunity to secure space in a highly sought-after location.
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ntial - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixe…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RMX · Madison, WIntial - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown Residential 1 DR2: Downtown Residential 2 Employment Districts
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.