Property profile

8310 Excelsior Dr Madison, WI 53717

FOR LEASE
Investment properties
Property ID
US92-0060948
47,986 SF 6.39 ac lot Built 1990
Entity Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office building, located at 8310 Excelsior Drive in Madison, Wisconsin, offers a unique opportunity for businesses seeking flexible and high-quality space. Built in 1990 and extensively renovated in 2010, the single-story building boasts a total of 45,749 square feet, with a minimum divisible space of 20,000 square feet and the potential to lease the entire 45,749 square feet contiguously. The property features ample parking with 199 spaces available for tenants and employees. The building's robust electrical infrastructure includes a 1200 Amp, 480/277 Volt, 3-phase power system, making it suitable for a variety of uses, including traditional office spaces, laboratories, or research and development facilities. The space is ideal for a company needing a large, contiguous space or one seeking a smaller footprint within a larger building. All existing appliances, workstations, and office furniture are included in the lease, offering a turnkey solution for immediate occupancy. The property is situated at 8310 Excelsior Dr, Madison, WI 53717. This prime location offers easy access to major transportation routes and amenities. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1990
Total area 47,986 SF
Lot 6.39 ac (278,131 SF)
Zoning code SEC
APN 0708-151-0102-0
UPID US92-0060948

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

8310 Excelsior Dr Madison, WI 53717
Madison metro Census 10905 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.13M
Blend (final) Blend
$5.55M

Owner & transaction history

since 2009
2 recorded transactions
2009
$323,500
1969
Price N/A

Zoning & alternative use

SEC · Madison, WI
Zoning description

wn and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown Residential 1 DR2: Downtown Residential 2 Employment Districts TE: Traditional Employment SE: Suburban Employment…

General category OPEN_SPACE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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