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May be combined with 4600 American Pkwy 5133 W Terrace Dr 77,817 SF 32% Leased 4-Star Office Building Madison, WI 53718 For Sale
Investment Highlights
- 100% Occupied
- Priced below Assessed Value - Rare Chance to Acquire two, or one cash-generating office buildings at an attractive discount to replacement cost.
- Visible from the Interstate and easily accessible.
- Primely located near several restaurants, shopping, and entertainment destinations.
Executive Summary
Contact broker for price guidance. See NOI.
Click on the link for more information and access to the full offering memo and financials: www.madisonofficeportfolio-cbre.com
This 4-story glass and brick faced professional office building is highly visible from Interstate 90/94 and U.S. Highway 151 and has significant exposure to over 74,000 cars per day. Efficient, large floorplate design offers tenants optionality. The building sits on 7.5 acres and with more than ample parking, its very possible the building could be expanded. Current vacancy provides an exceptional opportunity for NOI growth.
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
Amenities
- 24 Hour Access
- Atrium
- Bus Line
- Controlled Access
- Conferencing Facility
- Fitness Center
- Signage
- Storage Space
- Shower Facilities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Administrative and Support Services
- -
- -
- Triple Net
- Jan 2031
Aerotek began in 1983 as a contract employment and consulting business built around aerospace and engineering staffing, and the company has since broadened its work across industrial and facility sectors. The company now provides staffing and services solutions in manufacturing, logistics, construction, aviation, facilities, and maintenance, with offerings that include industrial staffing, skilled trades staffing, construction support services, manufacturing support services, and maintenance services. Aerotek serves clients and job seekers through a broad network across North America and other regions, and the business is part of Allegis Group.
- American Family Insurance
- Finance and Insurance
- -
- -
- -
- -
- Charter Spectrum Reg Office
- Utilities
- -
- -
- -
- -
- Edwards Jones
- -
- -
- -
- -
- -
- Faith Technology
- -
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Administrative and Support Services | - | - | Triple Net | Jan 2031 | |
| American Family Insurance | Finance and Insurance | - | - | - | - | |
| Charter Spectrum Reg Office | Utilities | - | - | - | - | |
| Edwards Jones | - | - | - | - | - | |
| Faith Technology | - | - | - | Triple Net | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
5133 W Terrace Drive is a four story professional office building in The American Center, one of northeast Madison's premier business parks. Three blocks of space are available: Suites 100 and 300 totaling 32,345 RSF, and a contiguous 20,763 RSF on the second floor across Suites 200, 201, and 202. The landlord will consider dividing the space for smaller users. Tenants have use of an on site fitness center with cardio and weight equipment, shower facilities, a shared conferencing facility, an atrium entrance, and document storage within the building. Controlled card access provides secure 24 hour tenant entry, the building is fully air conditioned, and a bus line serves the property. Free surface parking at 4.0 stalls per 1,000 SF surrounds the building, and building signage is visible from the adjacent interstate corridor.
- 2nd Floor
- 1,526-20,763 SF
- Office
- -
- Now
- 3rd Floor
- 7,387-20,761 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 4,640-11,209 SF | Office | - | Now |
| 2nd Floor | 1,526-20,763 SF | Office | - | Now |
| 3rd Floor | 7,387-20,761 SF | Office | - | Now |
1st Floor
| Size |
| 4,640-11,209 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 1,526-20,763 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 7,387-20,761 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 4,640-11,209 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
5133 W Terrace Drive is a four story professional office building in The American Center, one of northeast Madison's premier business parks. Three blocks of space are available: Suites 100 and 300 totaling 32,345 RSF, and a contiguous 20,763 RSF on the second floor across Suites 200, 201, and 202. The landlord will consider dividing the space for smaller users. Tenants have use of an on site fitness center with cardio and weight equipment, shower facilities, a shared conferencing facility, an atrium entrance, and document storage within the building. Controlled card access provides secure 24 hour tenant entry, the building is fully air conditioned, and a bus line serves the property. Free surface parking at 4.0 stalls per 1,000 SF surrounds the building, and building signage is visible from the adjacent interstate corridor.
Demographics
Demographics
Property Taxes
| Parcel Number | 0810-224-0601-2 | Improvements Assessment | $9,831,974 CAD |
| Land Assessment | $3,305,578 CAD | Total Assessment | $13,137,552 CAD |
Property Taxes
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May be combined with 4600 American Pkwy | 5133 W Terrace Dr
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