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Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CC-T · Madison, WITR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC-T in Madison, WI.
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