5630 Schroeder RdMadison, WI 53711

Property Details for 5630 Schroeder Rd

Year built

2020

Lot size

2.09 AC

Zone code

CC-T WP-12

Property type

Apartment buildings

APN

0709-303-0118-3

APU

70930301183

Description

This exceptional Class A retail or restaurant space, built in 2021, offers 4,038 square feet of versatile commercial space at 5630 Schroeder Rd, Madison, WI 53711. Located in Dane County, near the intersection of Schroeder Rd and S Whitney Way, this property boasts excellent visibility along the Beltline and convenient access via the Whitney Way off-ramp. The building features full glass facades on three sides, maximizing natural light and showcasing your business. A chase is already installed to the roof, perfectly suited for restaurant ventilation systems. Six operable overhead glass garage doors lead to a large wraparound outdoor patio, ideal for seating or additional business operations. Ample parking is available for customers and employees. The space is currently entirely vacant and ready for immediate occupancy. The minimum divisible space is 2,000 square feet, with the maximum contiguous space being the entire 4,038 square feet. Lease rates are competitive, and flexible terms are available. The asking rent is $6.50 per square foot, triple net (NNN). For a five-year lease, the landlord offers a generous tenant improvement allowance of $40 per square foot. This property's proximity to new developments, the Research Park, and Vitense Golfland ensures high traffic and visibility. Don't miss this opportunity to establish your business in a thriving Madison location.

• CAP approach

  CAP return

  Valuation

  6%

  $20,393,408

  6.5%

  $18,824,684

  7%

  $17,480,064

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,333,063

  Geo Method

  $18,388,722

• Alternative Use

  Use

  Valuation

  Residential

  $18,824,684

  Hospitality

  $17,243,310

  Educational

  $14,346,232

  Medical

  $14,839,621

  Retail

  $22,316,360

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0469

Longitude

-89.4772

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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