66 W Towne Mall, Madison, WI 53719
- Community centers
- 342,720 SF
- 37.40 lot acres
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
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $65,790,000 Current use
- OFFICE BUILDING
- $79,230,000 Change: +20% Conversion: Moderate
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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