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Property profile & analytics
FOR LEASE
Office buildings

429 Gammon Pl Madison, WI 53719

20,540 SF 0.88 ac lot Built 1983
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US92-1230597
429 Gammon Pl, Madison, WI 53719 For Lease
$2,965,000 1,364 SF available
429 Gammon Pl, Madison, WI 53719
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Property summary
AI-generated overview

This exceptional commercial space, located at 429 Gammon Place Unit B206 in Madison, Wisconsin, offers 1,364 square feet of completely remodeled office space, immediately available for lease. Situated in the First Weber building, this unit enjoys a highly desirable location directly across from West Towne Mall, providing excellent visibility and convenient access to a wide range of amenities and a substantial customer base. The suite features two private offices, perfect for individual work or small team collaboration, complemented by a large open area ideal for a variety of uses. The unit benefits from abundant natural light thanks to its lower-level location with windows overlooking a green space, creating a pleasant and productive work environment. Ample parking is readily available for tenants and their clients, ensuring convenient access. The property sits on a 0.88-acre lot and is part of a larger 20,530 square foot commercial building. This is an excellent opportunity for businesses seeking a modern, well-appointed office space in a prime Madison location. The asking price is $1 (Note: This price is likely a placeholder and should be confirmed). Interested parties should inquire for detailed lease terms and conditions.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1983
Total area 20,540 SF
Lot 0.88 ac (38,226 SF)
Zoning code CC WP-16
APN 0708-252-0097-9
UPID US92-1230597
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
  • MW Counseling Counselor
  • Karen Radtke Physician Alternative Medicine Practice
  • First Weber Realtors - Madison West Towne Real Estate Agency
  • Retired from First Weber Inc.: Wayne Sadek Real Estate Agency
  • Eating Disorder and Mental Health Support Network Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.48M
Blend (final) Blend
$2.97M
Owner & transaction history
Frg Real Estate Partnership LLP · 9 yrs held
Frg Real Estate Partnership LLP
since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A
Zoning & alternative use
CC WP-16 · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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