MLS Public Remarks MAKE OFFER! Monroe Street Arts Center is moving to a new and bigger location and is looking to sublease a section of their old space. 815 sq. ft. along Monroe St. that provides great foot traffic as well as many many cars that drive by. Unit is next to Colectivo and across from Michael's Frozen Custard - a great location for any small retailer. Current lease ends 4/30/21, so this can be a great chance to test drive a small retail concept and work out a longer deal with the landlord. **ceiling heights are approx**. Current asking monthly rent is $2,235.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions North Side Of Monroe St. Next To Colectivo Coffee
Real estate for sale No
Business for sale No
For lease only Yes
Ann. Rent/SqFt $33
Total Units/Bldg 2
Building Gross SqFt 4,428
Net Leasable SqFt 815
Year Built 1926
Source for Year Built PubR
Approx Bldg Dimen 75x109
Street Frontage 75
Parking Fees/Mo. $0
Onsite Parking none
# of Stories 1
Ceiling Height Min 8
Ceiling Height Max 9
Number of Loading Docks 0
Zoning TSS
Est. Total Acres 0.19
Source Of Est Acres
Lot Dimensions
Owner
Tradename
Land Assessment $132,000
Assessment Year 2019
Net Taxes $21,986
Tax Year 2019
Improvements $728,000
Total Assessment $860,000
Income/Expenses Year $0
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
NNN |
4/30/21 |
0 |
$26,820 |
$33 |
$0 |
815 |
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 water
Basement
Fuel Natural gas
Seating Capacity
Type Office, Retail
Exterior Treatment
Building Parking No Parking
Roofing Other
Terms/Option
Miscellaneous
Documents on File
Location Business district
Tenant Pays Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Water
Present Use Retail
Licenses
Lease Type Gross
Occupied by
Sale Includes Lease(s)
Features
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Plato Commercial Real Estate, Llc