4600 American Pky - Office FOR SALE


Madison, WI 53718- East Madison
$8,493,151 USD
608-513-9653
4600 American Pky, Madison, WI for Sale
$8,493,151 USD
Office - FOR SALE
1/16
null | 7.3% Cap Rate

4600 American Pky
Madison, WI 53718
East Madison


HIGHLIGHTS

  • Trophy Office Buildings within the American Center
  • Easy access to the Interstate and Airport - Visible from the Interstate
  • Amenities include Conference Center, Tenant Cafe, Upgraded HVAC and Air Purification Systems, Fitness Center.

OVERVIEW

CBRE is pleased to present the opportunity to purchase two impeccably maintained office buildings in Madison Wisconsin. (The other building is 5133 W Terrace Dr). The offering provides an investor the value-add opportunity to further increase occupancy and drive rents, while maintaining a diverse and loyal base of existing tenants. The two buildings are just one-block apart –making it convenient to manage and maintain. Each building boasts impressive lobbies with modern finishes, ample on-site parking, fitness center, conference center, mature landscaping and walking trails within the American Center Business Park. Combined NOI: $1,269,618 Cap Rate: 7.3% Price: $17,350,000 For more information and to download the full offering memo and financials: www.madisonofficeportfolio-cbre.com Preference is to sell both buildings together. This is a rare chance to acquire two cash-generating office buildings with value-add potential at an attractive discount to replacement cost.

FOR SALE DETAILS

PRICE

$8,493,151 USD

PRICE/SF

$110 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Portfolio includes 5133 W Terrace Dr

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

362

LAND DETAILS

LAND ACRES

5.08 AC

LAND SF

221,285 SF

ZONING

O-4

APN/PARCEL ID

0810-221-0203-2

ASK ABOUT THIS PROPERTY

Brian WolffCBRE, Inc.More Info
608-513-9653

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Brian WolffCBRE, Inc.More Info
608-513-9653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.