2101 BroadwayMonona, WI 53713

Property Details for 2101 Broadway

Year built

1981

Lot size

10.25 AC

Property type

Commercial real estate

APN

0710-301-2175-7

APU

71030121757

Description

This exceptional 1.5-acre outlot in Dane County offers unparalleled visibility from the Beltline Highway (125,000 AADT). Currently available for ground lease or build-to-suit, this property boasts excellent access and ample parking (6.2 spaces per 1,000 square feet). Benefit from a strong tenant mix including established retailers like Kohl's, Floor & Decor, and Planet Fitness, as well as several new additions opening Spring 2024: Pet Supplies Plus, Michaels, and Five Below. This prime location provides a unique opportunity to establish a thriving retail presence within a vibrant shopping center. The site's high visibility and convenient access make it ideal for a variety of retail uses. Contact us for details on ground lease or build-to-suit options to tailor this exceptional opportunity to your specific needs. The property is part of a larger shopping center with a total of 65,340 square feet of retail space. This outlot presents a rare chance to capitalize on a high-traffic location and join a successful retail community. Inquire today to learn more about this exciting development opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $91,386,100

  6.5%

  $84,356,400

  7%

  $78,330,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $45,337,900

  Geo Method

  $58,166,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $171,383,000

  Retail / Commercial

  $86,845,900

  Mixed-Use / Specialty

  $85,718,000

  Hospitality / Lodging

  $61,823,100

  Office

  $84,356,400

  Institutional / Educational

  $88,819,700

  Residential Income

  $103,919,000

  Multifamily

  $129,172,000

  Automotive / Energy

  $76,131,200

  Parking / Income-Based Land

  $27,080,400

  Restaurant / Food Service

  $42,836,100

  Healthcare / Senior Housing

  $88,741,400

Location Insight

City

Monona

County

Dane

State

Wisconsin

Latitude

43.0455

Longitude

-89.3495

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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