MLS Public Remarks Prime West Town Retail Location with one acre of lot, 9.1% cap rate, NNN triple net investment with a financial strong and stable tenant.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions West On Mineral Point Rd, Left Onto D'Onofrio Dr.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $13
Total Units/Bldg 1
Building Gross SqFt 10,344
Net Leasable SqFt 10,344
Year Built 1993
Source for Year Built PubR
Approx Bldg Dimen 999X999
Street Frontage 366
Parking Fees/Mo. $0
Onsite Parking 59
# of Stories 1
Ceiling Height Min 99
Ceiling Height Max 99
Number of Loading Docks 0
Zoning CC
Est. Total Acres 1.0
Source Of Est Acres PubR
Lot Dimensions
Owner
Tradename
Land Assessment $539,000
Assessment Year 2018
Net Taxes $24,694
Tax Year 2018
Improvements $561,000
Total Assessment $1,100,000
Income/Expenses Year $2,018
Gross Operating Income $132,000
Annual Operating Exp $0
Net Operating Income $132,000
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
triple net |
1/31/2025 |
Yes |
$132,000 |
$13 |
$0 |
14 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded
Heating/Cooling Central air, Forced air
Water/Waste Municipal sewer, Municipal water
Basement
Fuel Natural gas
Seating Capacity Over 100 persons
Type Restaurant/Supper Club, Shopping center/StripMall
Exterior Treatment
Building Parking 56 or more spaces, Onsite
Roofing Tile/Concrete
Terms/Option
Miscellaneous
Documents on File
Location Business district, Free standing, Shopping center
Tenant Pays All expenses
Present Use Restaurant/Supper Club
Licenses Beer, Food, Liquor
Lease Type Triple net
Occupied by
Sale Includes Business name, Equipment, Franchise, Furniture
Features
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Oneplus Realty Team
