6230 University AveMiddleton, WI 53562

Property Details for 6230 University Ave

Lot size

1.25 AC

Property type

Commercial real estate

APN

0708-124-4810-2

APU

70812448102

Description

This exceptional Class A office space, located at 6230 University Ave in Middleton, Wisconsin, 53562, offers 2,121 square feet of immediately available space within a brand-new (2023) mixed-use development. The property boasts a highly desirable location on University Avenue, experiencing an average daily traffic count of 20,200 vehicles, ensuring maximum exposure for your business. The suite is part of a larger development including 79 apartments, creating a vibrant and active environment. This traditional office space is perfect for executive offices or other professional uses. The unit features floor-to-ceiling windows, providing abundant natural light. On-site parking is readily available for tenants and clients, along with prime building signage opportunities to enhance your brand visibility. Building amenities include a large community kitchen and room, a fitness center, and an outdoor patio, offering convenience and comfort for your employees and visitors. This is a rare opportunity to secure a modern, high-visibility office space in a thriving Middleton location. The property is categorized as both retail and office, and the available space is part of a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $11,142,500

  6.5%

  $10,285,400

  7%

  $9,550,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,527,940

  Geo Method

  $7,092,110

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $20,896,300

  Retail / Commercial

  $10,588,900

  Mixed-Use / Specialty

  $10,451,400

  Hospitality / Lodging

  $7,537,930

  Office

  $10,285,400

  Institutional / Educational

  $10,829,600

  Residential Income

  $12,670,600

  Multifamily

  $15,749,600

  Automotive / Energy

  $9,282,480

  Parking / Income-Based Land

  $3,301,850

  Restaurant / Food Service

  $5,222,890

  Healthcare / Senior Housing

  $10,820,000

Location Insight

City

Middleton

County

Dane

State

Wisconsin

Latitude

43.0913

Longitude

-89.4874

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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