For Lease
$20/SF/YR

3313 University AveMadison, WI 53705

Prime Madison location, drive-thru ATM opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional commercial property, located at 3313 University Avenue in Madison, Wisconsin, presents a unique investment opportunity. The 36,623 square foot building, constructed in 1949 and renovated in 1995, is currently configured as a single-tenant retail space with a special purpose designation as an ATM/ITM drive-thru facility for a financial institution. While the building's interior is not available, this offering focuses on the highly desirable drive-thru component. Currently, 2,500 square feet are vacant, representing a significant opportunity for a financial institution seeking a prominent location. The property boasts a prime position on University Avenue, a major thoroughfare connecting Madison's west side to the downtown area and the University of Wisconsin-Madison campus. Its proximity to UW Hospital further enhances its appeal. The single-story building features electric power and benefits from a prominent location on the former Whole Foods site, including two-thirds ownership of the pylon sign. The property is zoned commercial and is situated near the intersection of University Avenue and Hill Street, in zip code 53705. This is a rare chance to secure a high-visibility drive-thru location without the overhead of extensive interior space, ideal for a financial institution seeking to serve customers efficiently and cost-effectively. No parking spaces are included with this offering.

Highlights

  • Prime drive-thru location on University Ave, Madison, WI, near UW Hospital and campus.
  • 36,623 SF building, built in 1949, renovated in 1995; currently single-tenant retail with 2,500 SF vacant.
  • Commercially zoned, with DSL and ADAC readiness.
  • High-visibility location on major thoroughfare, offering strong demographics.
  • Triple Net (NNN) lease, 10-year term.

Property Details for 3313 University Ave

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
36,623 SF
Year Built/Renovated
1949/1995
Stories
1

Unit(s) available at that property

Space
Available space
Size
2,500 SF
Rate per SF
$20

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.075175215742
Longitude
-89.444965786794
3313 University Ave, Madison, Wisconsin

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3313 University Ave
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