7050 Watts Rd - Freestanding FOR SALE


Madison, WI 53719- West Madison
$7,729,421 USD
773-727-4285
7050 Watts Rd, Madison, WI for Sale
$7,729,421 USD
Freestanding - FOR SALE
1/3
null | 9% Cap Rate

7050 Watts Rd
Madison, WI 53719
West Madison


HIGHLIGHTS

  • Lease Type Absolute NNN
  • Outstanding Visibility: 136,500+ VPD
  • Lot Size 11.87 AC
  • Dense & Affluent Demographics
  • Location near the University of Wisconsin - Madison

OVERVIEW

Northmarq pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the At Home property located in Madison, WI (the “Property”). The Property consists of a 113,134-square-foot freestanding retail building, on a 11.87-acre parcel of land. At Home is operating under an absolute NNN lease with zero landlord responsibilities whatsoever and just under 13 years of lease term remaining,offering a truly passive investment asset with long-term cash flows. The lease provides for 2.00% annual rent escalations throughout the base term and four option periods, boosting the overall investment yield of the asset. See Lease Abstract for full details.

FOR SALE DETAILS

PRICE

$7,729,421 USD

PRICE/SF

$65 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

At Home

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

600

LAND DETAILS

LAND ACRES

13.58 AC

LAND SF

591,680 SF

ZONING

PCDSIP

APN/PARCEL ID

0708-264-0202-9,0708-264-0208-7

ASK ABOUT THIS PROPERTY

BJ FellerNorthmarqMore Info
773-727-4285

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BJ FellerNorthmarqMore Info
773-727-4285

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