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1848 Waldorf Blvd 20,099 SF 100% Leased Office Building Madison, WI 53719 $4,400,000 ($218.92/SF) 7.43% Cap Rate
INVESTMENT HIGHLIGHTS
- Healthcare Investment Property
- Fully leased
- Animal Health
EXECUTIVE SUMMARY
Prime investment opportunity to acquire a fully leased 20,099 SF healthcare office building in Madison’s thriving West Towne trade area. The property is occupied by established veterinary tenants specializing in surgery, rehabilitation, and general care providing stable, long-term income backed by strong market demand. Built in 2007, the building offers modern construction, quality medical buildouts, and excellent visibility near major arterials and West Towne Mall. With a 7.0% cap rate and consistent tenancy, this asset presents a secure, low-maintenance investment in one of Madison’s strongest commercial corridors.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
20,099 SF
Building Class
B
Year Built
2007
Price
$4,400,000
Price Per SF
$218.92
Cap Rate
7.43%
NOI
$327,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,050 SF
Slab To Slab
10’
Building FAR
0.26
Lot Size
1.77 AC
Zoning
PD
Parking
49 Spaces (2.44 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Signage
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PROPERTY TAXES
| Parcel Number | 0708-344-2404-9 | Improvements Assessment | $2,097,900 |
| Land Assessment | $700,000 | Total Assessment | $2,797,900 |
PROPERTY TAXES
Parcel Number
0708-344-2404-9
Land Assessment
$700,000
Improvements Assessment
$2,097,900
Total Assessment
$2,797,900
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1848 Waldorf Blvd
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