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Property profile & analytics
FOR LEASE
Community centers

4201 E Washington Ave Madison, WI 53704

6,144 SF 3.86 ac lot Built 1965
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US92-1104972
Property summary
AI-generated overview

Essex Square, located at 4201 E Washington Ave in Madison, Wisconsin, presents a compelling retail investment opportunity. This multi-tenant commercial property boasts a total of 44,772 square feet, with 10,028 square feet currently vacant and available for lease. The property offers flexible space options, accommodating tenants seeking anywhere from a minimum of 750 square feet to a maximum contiguous space of 4,698 square feet. Its prime location in Dane County, within the vibrant city of Madison (zip code 53704), ensures high visibility and accessibility for businesses. The property's strategic placement on E Washington Ave provides excellent exposure to significant foot traffic and vehicular access. This is an exceptional chance to establish or expand a retail presence in a thriving Madison market. The available spaces are ideal for a variety of retail uses, offering a unique opportunity to tailor the space to meet specific business needs. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at 43.125287 latitude and -89.3103749 longitude.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1965
Total area 6,144 SF
Lot 3.86 ac (167,924 SF)
Zoning code CC-T
APN 0810-284-0808-8
UPID US92-1104972
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.39M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.84M
Owner & transaction history
Nrf X-madison LLC · 4 yrs held
Nrf X-madison LLC
since 2022
Last sale
$8.4M
4 recorded transactions
2022
$8.4M
2006
$1.4M
2006
$778,800
1969
Price N/A
Zoning & alternative use
CC-T · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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