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1507-1517 Madison Ave
Fort Atkinson, WI 53538
Pick n Save Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Grocery anchored center with adjacent national brands.
- Most tenants have been in place for 20 years.
- High traffic area.
EXECUTIVE SUMMARY
Pick n Save grocery anchored center. 1,500 sq ft available. End cap unit. Co-tenants include Family Dollar, Papa Murphy's, Great Clips, China Dragon, and Verizon. Culvers, Kwik Trip, Arby's and other regional/national brands nearby. Just a 1/4 mile from the Hwy 26 on/off ramp to Hwy 12. Available immediately. Asking $14/ft NNN.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,500 SF
Building Class
B
Year Built
2005
Price
$2,500,000
Price Per SF
$161.29
Cap Rate
7.80%
NOI
$195,000
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.17
Lot Size
2.04 AC
Zoning
102 - Commercial
Parking
65 Spaces (4.19 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 226-0614-3242-010 | Improvements Assessment | $1,703,900 |
| Land Assessment | $499,000 | Total Assessment | $2,202,900 |
PROPERTY TAXES
Parcel Number
226-0614-3242-010
Land Assessment
$499,000
Improvements Assessment
$1,703,900
Total Assessment
$2,202,900
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