1 Dempsey Rd - Storefront Retail/Office FOR SALE
Madison, WI 53714 |
1 Dempsey Rd
Madison, WI 53714
HIGHLIGHTS
- End-cap vacancy of 1,606 SF with current occupancy at 71% presents strong upside; investors can unlock significant NOI growth through lease-up.
- Pro-forma cap rate of 10.54% and projected 13.91% cashon- cash return at asking price, delivers a compelling yield for valuefocused investors.
- Shadow-anchored by Woodman’s, a popular regional grocer, and positioned directly off US-Hwy 51, ensures consistent traffic and tenant stability.
- Offered at just $139 PSF in a prime trade area. Exceptional entry point with long-term appreciation potential.
- All tenants on Triple Net (NNN) Leases with annual rent escalations; predictable cash flow and minimal landlord responsibilities.
- Affluent, densely populated trade area with 154,096 residents within five miles, providing a deep customer base for tenants.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Value-Add Opportunity - Madison, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Department Store
TOTAL BUILDING SIZE
5509
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0710-043-0097-8
