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34 Schroeder Ct,  Madison,  WI  53711 $6,995,000 Expired
34 Schroeder Ct,  Madison,  WI  53711
$6,995,000
Expired
More Photos
 Property Type Business/Commercial
 Parcel # 070930301050
 County Dane
 Sub Area W07
 Municipality Madison
 MLS# 1878459
 Listing Date 03/05/2020

MLS Public Remarks  Price reduced! Multi tenant Class A steel & concrete office property for sale. Great W Beltline visibility located near Whitney Way exit. Mostly leased, varied expiration dates. Now available: 1,842 SF finished office space with 2 private offices and open area. 9,971 SF finished office space w- mix of privates & open areas is leased through 5-31-20 but could be occupied now. Can be divided. Lighted signage on Beltline with 103,000 avg daily traffic! Shared conference room on 2nd floor. Surface & underground parking.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Exit W Beltline To South On Whitney Way, To Right On Schroeder Rd, Right On Schroeder Ct.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $20
  • Total Units/Bldg  9
  • Building Gross SqFt  53,000
  • Net Leasable SqFt  53,000
  • Year Built  2008
  • Source for Year Built  Slr
  • Approx Bldg Dimen  94x188
  • Street Frontage  342
  • Parking Fees/Mo.  $0
  • Onsite Parking  160
  • # of Stories  3
  • Ceiling Height Min  9
  • Ceiling Height Max  14
  • Number of Loading Docks  0
  • Zoning  SE
  • Est. Total Acres  1.28
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $671,000
  • Assessment Year  2019
  • Net Taxes  $119,243
  • Tax Year  2019
  • Improvements  $4,619,000
  • Total Assessment  $5,290,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,018
  • Gross Operating Income  $1,173,939
  • Annual Operating Exp  $441,320
  • Net Operating Income  $673,922
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 NNN 5-31-23 0 $360,000 $20 $0 18,000
    2 Request 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Leases. Contact listing Broker a summary of leases. Confidentiality agreement required.
    Items Excluded  Tenant's and Seller's personal property.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured concrete foundatn
  • Fuel  Electric
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office
  • Exterior Treatment  Brick, Glass, Steel Frame
  • Building Parking  56 or more spaces, Onsite, Underground
  • Roofing  All flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Blue prints, Lease(s), P & L statement
  • Location  Business district, Near Major Highway, Near public transportatn
  • Tenant Pays  N/A
  • Present Use  Office
  • Licenses  None
  • Lease Type  Gross, Mixed lease types, Multiple years, Renewal options, Triple net
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Internal sprinkler, Passenger elevator, Private office(s), Shared Restrooms, Shared conference room, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Altus Commercial Real Estate, Inc.