6801 Odana Rd Madison, WI 53719

Westland Plaza, a 9,539 square foot, single-story shopping center in Madison, Wisconsin, presents a compelling investment opportunity. This Class B, multi-tenant property boasts 100% occupancy and a strong 7.50% capitalization rate, generating a projected Net Operating Income (NOI) of $144,755 in 2025. Located at 6801 Odana Rd, 53719, on a 0.95-acre lot, the center benefits from excellent street visibility and two convenient access points from Odana Road. Built in 1983, the property comprises four units, each currently leased. The center is strategically positioned as an outparcel to a major retail center anchored by well-known national brands. Below-market rents offer significant upside potential. One tenant operates under a month-to-month lease, providing flexibility for future growth. The property's zoning is commercial, and its location within Madison's West Towne trade area ensures high traffic and visibility. The asking price is $1,930,000, translating to $202.33 per square foot. This stabilized investment offers a rare combination of strong cash flow, excellent location, and potential for future appreciation. The property's long-standing tenancies and prime location make it an attractive addition to any portfolio.