For Sale
$13,600,000

7475 Mineral Point Rd Madison, WI 53717

High-traffic, multi-tenant retail center in Madison, WI

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 85,172 square foot shopping center presents a compelling value-add investment opportunity. Located at 7475 Mineral Point Road in Madison, Wisconsin, this Class B property boasts a strong tenancy mix including Dollar Tree, Goodwill, and Hy-Vee, ensuring stable rental income. The center is strategically situated on a 7.32-acre lot (APN: 0708-262-0501-9) with high visibility from the heavily trafficked Mineral Point Road, providing convenient access to the West Beltline Highway. Currently operating at 88% occupancy across 29 units, this multi-tenant retail center benefits from its proximity to major retail anchors such as West Towne Mall and West Towne Crossing, further enhancing its appeal and drawing significant foot traffic. The property's zoning is G2 Commercial, built in 1984. The surrounding area demonstrates a robust retail market, complemented by the presence of national retailers like Kohl's, Best Buy, and Dick's Sporting Goods, as well as a local grocer, Metcalfe's Market. With an average household income exceeding $136,101 within a 3-mile radius, this property offers significant potential for growth and return on investment. The asking price for this exceptional retail center is $13,600,000.

Highlights

  • Strong tenant roster including Dollar Tree, Goodwill, and Athletico, providing consistent cash flow.
  • Prime location directly adjacent to West Towne Crossing and West Towne Mall.
  • Tenant mix includes national, regional, and local businesses.
  • High average household income of $136,101 within a 3-mile radius.

Property Details for 7475 Mineral Point Rd

Property type
Lifestyle centers, Power centers
Square Feet
85,172 SF
Class
B
Year Built
1984
Lot Size (sq. ft)
318,859 SF
Units
29

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.059277
Longitude
-89.512156

FAQs

What type of property is this?
Lifestyle center - High-traffic, multi-tenant retail center in Madison, WI
Where is the lifestyle center located?
The property is located at 7475 Mineral Point Rd Madison, WI.
What is the asking price?
The asking price for this property is $13,600,000.
What are key features of this property?
This property features: Strong tenant roster including Dollar Tree, Goodwill, and Athletico, providing consistent cash flow.; Prime location directly adjacent to West Towne Crossing and West Towne Mall.; Tenant mix includes national, regional, and local businesses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7475 Mineral Point Rd
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