Mid-America Real Estate – Wisconsin is pleased to offer for sale a brand-new LensCrafters located at 4518 E Washington Avenue in Madison, WI. This freestanding, 3,500 SF building was completed in 2024 and is 100% leased to LensCrafters under a 10-year NNN lease with two 5-year renewal options. The lease is guaranteed by Luxottica of America Inc., a subsidiary of EssilorLuxottica (EPA: EL), the world’s largest eyewear company. Rent increases by 10% every 5 years, including during option periods, providing long-term income growth. The property is strategically located along East Washington Avenue (US-151), a dominant retail corridor in Madison, directly across from East Towne Mall and surrounded by national tenants including Target, Best Buy, Chick-fil-A, and McDonald’s. The corridor sees over 38,700 VPD and serves one of Madison’s densest residential and commercial zones. This offering presents a rare opportunity to acquire a turnkey healthcare-adjacent retail asset backed by investment-grade credit in a high-traffic location within Wisconsin’s capital city.