Office Property For Sale - Charter Communications Customer Service Center

2701 Daniels Street, Madison, WI, 53718

 
Arrow

Welcome to LoopNet! Check out the property below or search over 640,000 other properties.

You may enter a US or Canadian location in the following formats:

  • Zip Code
  • City, State
  • State

For additional search options, go to Advanced Search.

Submit your search for Commercial Real Estate

e.g. Los Angeles, CA or 91016


Browse More Listings

Office For Sale
Madison, WI
Wisconsin

Charter Communications Customer Service Center

 

2701 Daniels Street

Madison, Wisconsin 53718
County: Dane
 
   Photos
Image 1 of 1
 
 
  For Sale Active  
Property Use Type:Investment
Type:Office
Office Building
Building Size:59,174 SF
Lot Size:4.42 Acres
Occupancy:100.00%
Price:$8,450,000
Price/SF:$142.80
Cap Rate:7.75%
Year Built:2002
Net Lease Investment:Yes
Years left on Lease:7
Date Last Verified:12/16/2008
Property ID:15383159
 
  Options
View the location of this property Map
Access demographics for this location Demographics
Print a summary of this listing Print Summary
Print a summary, maps, demographics and photos Print ALL
 Additional Information 

Property Description:
The building offerd for sale serves as the Charter Communications Madison/Dane County Headquartes. It is in a great location with close proximity to Highways 12 and 18, the Madison "Beltline Highway" and Interstate 90/39. This attractive, two story building was built using tip-up concrete and steel construction and underwent an extensive and highly specific build out for the current tenant in 2005. The parking lot was expanded in 2006, and tenant make additonal improvements in cabling, wiring, communications and maintenance support for this facility to serve as Charter Communications regional headquarters.

Location Description:
The Daniels Street building is located in close proximity to all that Madison has to offer. It is located just 3 minutes from the Beltline Highway and 5 minutes from Interstate 90/39. Numerous restaurants, retail facilities, and entertainment venues are just a short drive away, and the proximity to Interstate 90/39 provides great access from most of Wisconsin and Illinois.

No. Stories:2Commission Split:2%
 Highlights 
•41,318 square foot office area•17,856 square foot distribution area with 24' clearance
 
•Two drive-in doors and one dock-high door•Substantial leasehold improvements by tenant include the addition of fenced-in storage and an outdoor training area
 
•Zoning to allow up-to 30,400 square feet of building expansion•Initial lease term expires in March 2015 w/5 year option
  Financial Summary Actual  
Scheduled Gross Income:$646,429
Net Operating Income:$655,048
 
  Major Tenant Information
Tenancy Type: Single
 
Charter Communications
SF Occupied: 57,600
Lease Expires: 3/1/2015
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
10/11/2007
Link directly to this listing or embed it on your website! More Details Link Embed

View Property Record for 2701 Daniels Street to access aerial maps, photos, property details, comparable listings, commercial real estate transactions, and more.


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

Cityfeet.com – Commercial Real Estate Network BizBuySell LandAndFarm.com LoopNet Partners
© LoopNet, Inc.