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1848 Waldorf Blvd 20,099 SF 100% Leased Office Building Madison, WI 53719 $6,086,916 CAD ($302.85 CAD/SF) 7.43% Cap Rate
INVESTMENT HIGHLIGHTS
- Healthcare Investment Property
- Fully leased
- Animal Health
EXECUTIVE SUMMARY
Prime investment opportunity to acquire a fully leased 20,099 SF healthcare office building in Madison’s thriving West Towne trade area. The property is occupied by established veterinary tenants specializing in surgery, rehabilitation, and general care providing stable, long-term income backed by strong market demand. Built in 2007, the building offers modern construction, quality medical buildouts, and excellent visibility near major arterials and West Towne Mall. With a 7.0% cap rate and consistent tenancy, this asset presents a secure, low-maintenance investment in one of Madison’s strongest commercial corridors.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
20,099 SF
Building Class
B
Year Built
2007
Price
$6,086,916 CAD
Price Per SF
$302.85 CAD
Cap Rate
7.43%
NOI
$452,369 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,050 SF
Slab To Slab
10’
Building FAR
0.26
Lot Size
1.77 AC
Zoning
PD
Parking
49 Spaces (2.44 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Signage
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PROPERTY TAXES
| Parcel Number | 0708-344-2404-9 | Improvements Assessment | $2,937,144 CAD |
| Land Assessment | $980,028 CAD | Total Assessment | $3,917,172 CAD |
PROPERTY TAXES
Parcel Number
0708-344-2404-9
Land Assessment
$980,028 CAD
Improvements Assessment
$2,937,144 CAD
Total Assessment
$3,917,172 CAD
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1848 Waldorf Blvd
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