416 Commerce Dr Madison, WI 53719
For Lease
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This exceptional 16,240 square foot retail property, shadow-anchored by a Menards, presents a unique investment opportunity in Verona, Wisconsin. Currently, 6,301 square feet of space is immediately available for lease within this multi-tenant building located at 416 Commerce Drive, Madison, WI 53719. The building is classified as a Bay Auto Service Center Shadow, offering significant potential for businesses seeking high visibility and convenient access. The minimum leasable space is 6,301 square feet, providing ample room for a variety of automotive-related or complementary businesses. The property's strategic location in Dane County ensures high traffic volume and exposure to a substantial customer base. This is an ideal opportunity for businesses seeking a well-established location with strong anchor tenant support. The property boasts a prime location in a thriving commercial area, offering excellent visibility and accessibility. The available space is ready for immediate occupancy, allowing for a quick start to operations. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a significant retail space in a high-demand location. The property's size and location make it an attractive option for businesses seeking expansion or a new location in a dynamic market.
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O'Reilly Auto Parts Auto Parts Store
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
CC · Madison, WIMadison. Always verify with local authorities before improvements.
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.