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3527 University Ave,  Madison,  WI  53705 $1 Expired
3527 University Ave,  Madison,  WI  53705
$1
Expired
More Photos
 Property Type Business/Commercial
 Parcel # 0709-201-0337-5
 County Dane
 Sub Area W13
 Municipality Madison
 MLS# 1849974
 Listing Date 02/11/2019

MLS Public Remarks  Shorewood Hills: 3,000 square foot retail space on University Avenue boasts a competitive lease rate of 22/sq ft NNN with parking on University Avenue and an exit to Blackhawk Avenue. With 30 feet of glass frontage and large backlit facia sign, this space is well known and cost-effective. Currently built for an exercise studio, renovation will offer many possibilities. The traffic from the nearby Starbucks provides significant visibility to the business in this space. There is parking in front as well as ample parking in the rear of the building.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  On University Ave, Next To Starbucks Near Blackhawk Ave.
    • BUILDING DESCRIPTION  
  • Real estate for sale  No
  • Business for sale  No
  • For lease only  Yes
  • Ann. Rent/SqFt  $22
  • Total Units/Bldg  2
  • Building Gross SqFt  6,000
  • Net Leasable SqFt  3,000
  • Year Built  999
  • Source for Year Built  Slr
  • Approx Bldg Dimen  60x100
  • Street Frontage  75
  • Parking Fees/Mo.  $0
  • Onsite Parking  30
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  11
  • Number of Loading Docks  0
  • Zoning  COM
  • Est. Total Acres  0.5
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $0
  • Assessment Year  0
  • Net Taxes  $423,720
  • Tax Year  2018
  • Improvements  $0
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Triple Net 7/31/2023 0 $66,000 $22 $0 3,000
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air
  • Water/Waste  Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Retail
  • Exterior Treatment  
  • Building Parking  21-35 spaces, Onsite, Paved, Shared
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Free standing
  • Tenant Pays  All expenses
  • Present Use  Retail
  • Licenses  
  • Lease Type  Triple net
  • Occupied by  
  • Sale Includes  Lease(s), Signs
  • Features  Display window, Private Restrooms, Reception area, Security lighting, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc