1 Dempsey RdMadison, WI 53714

Property Details for 1 Dempsey Rd

Year built

1968

Lot size

0.50 AC

Property size (Sq ft)

1,512 SF

Zone code

CC WP-11

Property type

Community centers

APN

0710-043-0097-8

APU

71004300978

Description

This exceptional 1,604-square-foot executive office suite is ideally situated at the high-traffic corner of Milwaukee Street and Stoughton Road, boasting an impressive 22,650 average annual daily traffic count. The suite is available for immediate occupancy as a single-tenant space. Benefit from the strong shadow anchor of Woodman's East, ensuring high visibility and foot traffic. The property offers a convenient 3.98 parking spaces per 1,000 square feet ratio. Enhance your brand presence with the opportunity for dual building signage. The lease rate is $15.00 per square foot, triple net (NNN), with estimated NNN expenses of $6.00 per square foot. This location provides unparalleled access and visibility, making it an excellent opportunity for businesses seeking a prominent presence in a thriving commercial area. The entire 1,604 square feet is available, offering ample space for a variety of business needs. Don't miss this chance to secure a highly visible and well-located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $401,324

  6.5%

  $370,453

  7%

  $343,992

• Comparable approach

  Method

  Valuation

  Relative Method

  $386,828

  Geo Method

  $496,284

• Alternative Use

  Use

  Valuation

  Residential

  $312,491

  Hospitality

  $286,240

  Educational

  $238,148

  Medical

  $246,339

  Retail

  $370,453

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0979

Longitude

-89.3171

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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