MLS Public Remarks 29,400 SF flex building with office and warehouse space. Formerly Channel 57, the warehouse is leased into 2025 & has 1 drive in & 1 truck dock. Total of 6 tenants are paying rent now. 3,448 SF in 2 office spaces remain. Bathrooms throughout building for owner occupant or tenants. On-site parking and easy access to west beltline highway. Current owner needs to lease back +/- 1000 sf of building long term. Permanent easement covers the antenna next to building, owned by others. Some space ready to occupy & some needs remodeling. Very affordable lease reates, $5.00 - $7.00 psf + electric.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions On Syene Visible From The Beltline And Hwy 14 So. Next To Grant Sign.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $5
Total Units/Bldg 5
Building Gross SqFt 28,080
Net Leasable SqFt 28,080
Year Built 1968
Source for Year Built Appr
Approx Bldg Dimen 120x180
Street Frontage 240
Parking Fees/Mo. $0
Onsite Parking 75
# of Stories 2
Ceiling Height Min 9
Ceiling Height Max 16
Number of Loading Docks 1
Zoning HC
Est. Total Acres 1.87
Source Of Est Acres Appr
Lot Dimensions 240x340
Owner
Tradename
Land Assessment $405,200
Assessment Year 2020
Net Taxes $14,298
Tax Year 2020
Improvements $280,900
Total Assessment $686,100
Income/Expenses Year $2,020
Gross Operating Income $66,070
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 |
Mod gross |
2025 |
Yes |
$124,500 |
$5 |
$0 |
10,500 |
2 |
Rent Roll |
0 |
0 |
$0 |
$0 |
$0 |
0 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included Leases, office furniture, break room appliances, flooring for area that needs remodeling
Items Excluded Tenant and Seller's personal property
Heating/Cooling Central air, Forced air
Water/Waste Municipal sewer, Municipal water
Basement Slab/None
Fuel Electric, Natural gas
Seating Capacity
Type Manufacturing, Office, Warehouse
Exterior Treatment Brick
Building Parking 56 or more spaces, Onsite, Paved
Roofing All flat, Rubber/membrane
Terms/Option Lease back
Miscellaneous
Documents on File Blue prints, Lease(s)
Location Business district, Near Major Highway
Tenant Pays Electric, Janitorial
Present Use Manufacturing, Office, Warehouse
Licenses None
Lease Type Multiple years, Partial net
Occupied by Owner, Tenant(s), Vacant
Sale Includes Easements, Furniture, Lease(s)
Features 3 phase electric, 440+ volt, Loading dock(s), Overhead doors, Private Restrooms, Private office(s), Signage available
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Altus Commercial Real Estate, Inc.