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    66 W Towne Mall Madison, WI 53719
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    Property profile & analytics

    66 W Towne Mall, Madison, WI 53719

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    • Community centers
    • 342,720 SF
    • 37.40 lot acres
    High-End Shopping Center Space For Lease
    $48,210,000

    High-End Shopping Center Space

    Retail spaces available in Madison's West Towne Mall.

    66 W Towne Mall, Madison, WI 53719
    View Listing
    Property ID
    US92-1070944
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Torrid / Clothing & Fashion Store
    • Hot Topic / Clothing Store / Fashion Accessories Store
    • TechRepair.Zone / Electronics & Wireless Store / Mobile Phone Store
    • Love Your Hair / Hair Salon / Nail Salon
    • Express / Clothing Store / Fashion Accessories Store

    Property Details for 66 W Towne Mall

    Year built
    1970
    Lot size
    37.40 lot acres
    Zone code
    RMX
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    0708-261-0098-8
    APU
    70826100988

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 27, 2021 — Madison Malls Ground LLC Madison Joint Venture LLC Special Warranty Deed —
    Feb 5, 2019 — Madison Jv LLC Venture,madison J Quit Claim Deed · related —
    Feb 11, 2013 $1,560,000 West Towne District LLC Madison Jv Grant Deed —
    Feb 11, 2013 — Madison Of West Towne LLC — Deed Of Trust · related $113M · Us Bank NA 2005-top20 (te)
    — — Dunham Capital Management LLC — Deed Of Trust · related $400k · Great Western Bank

    Description

    West Towne Mall presents a unique investment opportunity in Madison, Wisconsin. This expansive retail and mixed-use property boasts a total of 828,602 square feet situated on a substantial 135-acre lot. Currently, the entire 828,602 square feet is available for lease, offering significant potential for a variety of retail concepts. The property includes 112 parking spaces, ensuring ample convenience for customers. Located at 66 W Towne Mall, Madison, WI 53719, this prime location benefits from its established presence within a high-end shopping center environment. The mall already houses a strong collection of national retailers, including Athleta, Banana Republic, Nordstrom Rack, and Pandora, attracting a significant volume of shoppers. Further enhancing its appeal, an associated open-air center complements the main mall structure. The property's future is bright, with the addition of a Von Maur department store slated to open in 2022, further solidifying its position as a premier shopping destination in Dane County. Two spaces are immediately available, ranging from 1,734 to 2,784 square feet, providing flexibility for various business needs. This is a rare chance to secure a substantial presence in a thriving retail hub.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $65,790,000
      Current use
      OFFICE BUILDING
      $79,230,000
      Change: +20% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5067
    Latitude
    43.0564
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,369,480
    $7,480,000
    $61,450,000
    $68,930,000
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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