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117 S Butler St 4,852 SF of Retail Space Available in Madison, WI 53703
Highlights
- Fully equipped commercial kitchen in lower level includes walk in hhhhcoolers, hood, and oven.
- Includes electronic lighting system and prominent on-building signage.
- Fryer and grill kitchen located on main level.
- Built with concrete frame and foundation and gable roof with shingles.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,852 SF | 5 Years | $29.93 CAD/SF/YR $2.49 CAD/SF/MO $145,206 CAD/YR $12,100 CAD/MO | Triple Net (NNN) |
1st Floor
The property offers a fully equipped lower-level commercial kitchen with walk-in coolers, a hood system, and an oven, complemented by a main-level fryer and grill station for added cooking capacity. An electronic lighting system enhances usability throughout the building, while prominent on-building signage supports strong visibility. Constructed with a durable concrete frame and foundation and finished with a shingled gable roof, the building provides long-lasting structural integrity.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Fully equipped commercial kitchen
- Walk in coolers, hood, and oven on lower level
- Fryer and grill kitchen located on main level
- Includes electronic lighting system
- Prominent on-building signage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,852 SF | Gross Leasable Area | 4,852 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Freestanding |
| Total Space Available | 4,852 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,852 SF |
| Year Built | 2008 |
About the Property
Located just steps from Capitol Square, 117 S Butler St. offers a prime downtown Madison restaurant opportunity with a fully equipped commercial kitchen, on-building signage, and strong surrounding foot traffic. This 4,852 SF building, constructed in 2008, features both lower-level and main-level kitchen setups, including hoods, ovens, walk-in coolers, fryer, and grill. Minimum of 5 year lease.
- Restaurant
Nearby Major Retailers
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117 S Butler St
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