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Property profile & analytics
FOR LEASE
Turn key restaurants

4833 Annamark Dr Madison, WI 53704

4,872 SF 1.62 ac lot Built 2006
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US92-0842868
Property summary
AI-generated overview

This exceptional 4,866 square foot freestanding retail/restaurant space in Madison, Wisconsin, boasts a prime location at 4833 Annamark Dr, 53704, offering unparalleled visibility and accessibility. Situated on 1.62 acres, the property features a convenient drive-thru, 44 parking spaces (approximately a 9:1 parking ratio with ample stacking space), and monument signage. The building benefits from high traffic counts, with nearly 43,000 vehicles passing daily. The space includes a south-facing patio of approximately 900 square feet, plus a smaller north-facing pad. Interior features include large windows, 14-foot ceilings, kitchen exhaust hoods, a grease trap, a filtration system, and walk-in coolers/freezers. Previously occupied by Potbelly and Dickey's, this property is ready for immediate occupancy. Annual property taxes are $7.83 per square foot. The site's proximity to Texas Road House and its location off I-90 ensures high traffic volume and excellent brand visibility. This is a rare opportunity to secure a highly desirable retail space in a thriving Madison location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Total area 4,872 SF
Lot 1.62 ac (70,393 SF)
Zoning code CC-T
APN 0810-272-0409-9
UPID US92-0842868
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
  • Dickey's Barbecue Pit Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$890k
Owner & transaction history
Markz Place LLC · 20 yrs held
Markz Place LLC
since 2006
3 recorded transactions
2006
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
CC-T · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts…

Zone name Commercial Corridor Transitional District
General category MIXED_USE
Zone area 1,063.07 ac
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