This Retail Property is Off-Market.

Odana Rd & S Whitney Way
Madison, WI 53711 ·

119,430 SF · Retail For Sale

N/A

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Whitney Square

Price N/A Occupancy 86%
Gross Leasable Area 119,430 SF Building Class B
Property Type Retail Tenancy Multiple
Property Sub-type Neighborhood Center Year Built 1974
Property Use Type Investment Lot Size 9.94 AC
Listing ID: 103183 Date Created: 04/07/1998 Last Updated: 06/22/2001

Description

The Whitney Square includes 3 buildings; a 88,521 sq. ft. building that fronts Whitney Way and features the anchor tenants, a 20,245 sq. ft. building that parallels Odana Road, and a 10,664 sq. ft. outlot building leased to J.T. Whitney's.

Whitney Square is situated at the nothwest corner of Whitney Way and Odana Road, both primary commercial arteries serving western Madison. Approx. 1/4 mile south of the center, there is a full interchange at Whitney Way.

Highlights

  • There is considerable opportunity for an investor to increase cash flows and value by increasing rental rates as leases roll over
  • Whitney Square is positioned in a trade area with and attractive demographic profile. With few alternatives for tenants, future rental rate escalatio
  • Investors have the opportunity to "add value" to the center by leasing the 16,949 s.f. of currently available space, and developing the 37,928 s.f. ou

Research

Odana Rd & S Whitney Way, Madison, WI 53711 (Dane County)

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