1414 Macarthur RdMadison, WI 53714

  • Retail properties
  • 40,938 SF
For Lease
$18/SF/YR View listing

Property Details for 1414 Macarthur Rd

Year built
2003
Lot size
2.50 AC
Property size (Sq ft)
40,938 SF
Zone code
CC-T
Property type
Retail properties
Property subtype
Community centers
APN
0810-332-0809-3
APU
81033208093

Description

This exceptional executive office space at 1414 MacArthur Rd in Madison, WI, offers a unique opportunity for businesses seeking a prestigious location. The building, totaling 5,384 square feet, currently has 2,072 square feet of vacant space available, divisible into units ranging from 1,002 to 1,070 contiguous square feet. Previously home to non-profit organizations, the building now welcomes for-profit tenants. The property boasts a beautifully maintained interior, featuring a welcoming lobby and reception area, creating a positive first impression for clients and employees. Individual suites offer high ceilings, contributing to a spacious and comfortable work environment. Tenants enjoy access to a variety of common areas, including multiple sized conference rooms and a large breakroom, fostering collaboration and productivity. The building's convenient location provides easy access to major transportation arteries, including Interstate 39/90/94 and the Beltline Highway (Highway 12/18), while still being only 15 minutes from downtown Madison. This is an ideal location for businesses seeking a blend of professional ambiance, modern amenities, and convenient access to the city's core. The zip code is 53714. This property presents a rare opportunity to secure high-quality office space in a desirable Madison location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,866,007
    6.5%
    $10,030,161
    7%
    $9,313,721
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,473,513
    Geo Method
    $13,437,080
  • Alternative Use

    Use
    Valuation
    Residential
    $8,460,816
    Hospitality
    $7,750,062
    Educational
    $6,447,960
    Medical
    $6,669,716
    Retail
    $10,030,161
1414 Macarthur Rd, Madison, Wisconsin

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.1154
Longitude
-89.322
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
$4,076
-
$210,000
$210,000
-
-
-
-

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