2148 Beltline HwyMadison, WI 53713

  • Retail properties
  • 31,033 SF
For Lease
$9.50/SF/YR View listing

Property Details for 2148 Beltline Hwy

Year built
1994
Lot size
1.81 AC
Property size (Sq ft)
31,033 SF
Zone code
CC
Property type
Retail properties
APN
0709-343-0703-8
APU
70934307038

Description

This exceptional 31,033-square-foot retail space at 2148 W. Beltline Highway in Madison, Wisconsin, presents a unique investment opportunity. Currently vacant for the first time since 1994, this single-tenant property boasts unparalleled visibility and convenient access to the busy West Beltline Highway. Situated within the highly desirable Arboretum Place Retail Center, this "big box" zoned (CC) property benefits from ample reserved and center parking, ensuring ease of access for customers and employees. The building's size and location make it ideal for a variety of retail uses. The property is located in Dane County, Wisconsin, with a Madison zip code of 53713. Its strategic placement alongside established and successful businesses such as Steinhafels, UnityPoint Health, Sky Zone, and Culver's, guarantees high foot traffic and brand recognition. This is a rare chance to secure a prominent retail location in a thriving commercial area. The property's significant size and prime location offer substantial potential for a discerning tenant seeking a high-impact presence in the Madison market. The entire 31,033 square feet is available. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,236,964
    6.5%
    $7,603,351
    7%
    $7,060,254
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,939,434
    Geo Method
    $10,185,962
  • Alternative Use

    Use
    Valuation
    Residential
    $6,413,711
    Hospitality
    $5,874,925
    Educational
    $4,887,868
    Medical
    $5,055,970
    Retail
    $7,603,351

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.0371
Longitude
-89.4151
CBSA code
31540
CBSA name
MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$42,647
$435,000
$2,084,300
$2,519,300
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FAQs

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