939 Park St Madison, WI 53715-1833
- Retail space
- 2,131 SF
- 0.42 lot acres
Current Use by Public Records
- Retail space
Property Details for 939 Park St
- Year built
- 1962
- Lot size
- 0.42 lot acres
- Property size
- 2,131 SF
- Zone code
- TSS
- Property type
- Retail space
- APN
- 0709-262-0139-7
- APU
- 70926201397
Description
This exceptional 1,847 square foot retail endcap space in Dane County offers immediate occupancy and a prime location. Benefit from a dedicated drive-thru lane, ample building signage opportunities, and the established presence of Subway and State Farm Insurance as co-tenants. The property boasts 16 convenient surface parking stalls, ensuring easy access for customers. Its strategic location on a city bus route near St. Mary's and Meriter Hospitals provides excellent visibility and accessibility, tapping into a strong demographic base. The high traffic count of 51,300 AADT further enhances its appeal. The space is ideal for a variety of retail uses and is available immediately. The lease rate is $25.00 per square foot (NNN). This is a rare opportunity to secure a well-positioned retail space in a thriving area with significant foot and vehicle traffic. The entire 1,847 square feet is available, offering a unique chance to establish a strong retail presence in a high-demand location. Don't miss this chance to capitalize on this exceptional retail opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $395,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $510,000
- 6.5%
- $470,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $581,000
Market price range: $286k - $582k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.3988
- Latitude
- 43.0574
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
