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34 Schroeder Court,  Madison,  WI  53711 $6,500,000 Expired
34 Schroeder Court,  Madison,  WI  53711
$6,500,000
Expired
More Photos
 Property Type Business/Commercial
 Parcel # 070930301050
 County Dane
 Sub Area W07
 Municipality Madison
 MLS# 1944996
 Listing Date 10/10/2022

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: two ~10,000 SF finished office spaces with private offices and open areas. Can 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  2022
  • Net Taxes  $125,312
  • Tax Year  2021
  • Improvements  $5,454,000
  • Total Assessment  $6,125,000
    • 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 
    Items Excluded 
    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.