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Also available 5133 W Terrace Dr 4600 American Pky 76,891 SF 82% Leased Office Building Madison, WI 53718 $9,676,450 CAD ($125.85 CAD/SF) 9.76% Cap Rate
Investment Highlights
- Trophy Office Buildings within the American Center
- Amenities include Conference Center, Tenant Cafe, Upgraded HVAC and Air Purification Systems, Fitness Center.
- Easy access to the Interstate and Airport - Visible from the Interstate
Executive Summary
CBRE is pleased to present the opportunity to purchase an impeccably maintained office building in Madison Wisconsin. (Also available is 5133 W Terrace Dr, $9,750,000). The offering provides an investor the value-add opportunity to further increase occupancy and drive rents, while maintaining a diverse and loyal base of existing tenants. If purchased as a package, the two buildings are just one-block apart –making it convenient to manage and maintain. Each building boasts impressive lobbies with modern finishes, ample on-site parking, fitness center, conference center, mature landscaping and walking trails within the American Center Business Park.
For more information and to download the full offering memo and financials: www.madisonofficeportfolio-cbre.com
Preference is to sell both buildings together. This is a rare chance to acquire two cash-generating office buildings with value-add potential at an attractive discount to replacement cost.
For more information and to download the full offering memo and financials: www.madisonofficeportfolio-cbre.com
Preference is to sell both buildings together. This is a rare chance to acquire two cash-generating office buildings with value-add potential at an attractive discount to replacement cost.
Property Facts
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Building Size
76,891 SF
Building Class
A
Year Built
1995
Price
$9,676,450 CAD
Price Per SF
$125.85 CAD
Cap Rate
9.76%
NOI
$944,710 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
19,223 SF
Slab To Slab
15’
Building FAR
0.35
Lot Size
5.08 AC
Zoning
O-4
Parking
362 Spaces (4.71 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 202
- 6,214 SF
- Office
- -
- 60 Days
- 2nd Fl-Ste 204
- 3,227 SF
- Office
- -
- Now
- 2nd Fl-Ste 206
- 1,067 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 200 | 9,315 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 202 | 6,214 SF | Office | - | 60 Days |
| 2nd Fl-Ste 204 | 3,227 SF | Office | - | Now |
| 2nd Fl-Ste 206 | 1,067 SF | Office | - | Now |
2nd Fl-Ste 200
| Size |
| 9,315 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 6,214 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| 60 Days |
2nd Fl-Ste 204
| Size |
| 3,227 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 206
| Size |
| 1,067 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 200
| Size | 9,315 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0810-221-0203-2 | Improvements Assessment | $10,478,766 CAD |
| Land Assessment | $2,142,642 CAD | Total Assessment | $12,621,408 CAD |
Property Taxes
Parcel Number
0810-221-0203-2
Land Assessment
$2,142,642 CAD
Improvements Assessment
$10,478,766 CAD
Total Assessment
$12,621,408 CAD
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Also available 5133 W Terrace Dr | 4600 American Pky
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