Kent Yan 6082402010

195-209 Cottage Grove Rd 29,557 SF 77% Leased Retail Building Madison, WI 53716 $3,125,000 ($105.73/SF) 4.82% Cap Rate

INVESTMENT HIGHLIGHTS

Highly Visibile!

EXECUTIVE SUMMARY

This is a highly visible neighborhood shopping center along Cottage Grove Rd, just off of Monona Drive. Anchored by Ace Hardware, the property is surrounded by new developments, but also many single-family homes in an established and beloved neighborhood. Available for sale as an investment and/or for an owner-occupant. Lots of
potential. With this 26,333 sq. ft. center that sits on 1.90 acres; future redevelopment anyone?

203 Cottage Grove Rd - For Sale Flyer

PROPERTY FACTS

Sale Type

Investment

Sale Conditions

Lease Option

Property Type

Retail

Property Subtype

Storefront

Building Size

29,557 SF

Building Class

Year Built/Renovated

1959/1967

Price

$3,125,000

Price Per SF

$105.73

Cap Rate

4.82%

NOI

$150,686

Percent Leased

77%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.36

Lot Size

1.90 AC

Zoning

CC-T

Parking

75 Spaces (2.54 Spaces per 1,000 SF Leased)

Frontage

535’ on Cottage Grove Rd

Bus Line
Security System
Signage

Skylights
Air Conditioning

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

203
2,250-6,825 SF
Retail
In-Line
Now

This is a highly visible neighborhood shopping center along Cottage Grove Rd, just off of Monona Drive. Available unit was recently an arcade and is pretty much a wide open floorplan with lots of storefront, and now could be the home for your business. Lots of storage in the basement as well. Approx.. 2,250 sq. ft. to 6,825 sq. ft. of main floor space + approx. 4,435 sq. ft. basement

Space	Size	Space Use	Position	Available
203	2,250-6,825 SF	Retail	In-Line	Now

Size

2,250-6,825 SF

Space Use

Retail

Position

In-Line

Available

Now

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
Cottage Grove Rd	Johns St, E	14,652	2025	0.03 mi
Monona Drive	Lake Edge Blvd, S	15,151	2025	0.12 mi
Atwood Ave	Ferchland Pl, S	16,079	2023	0.13 mi
Monona Drive	Ferchland Pl, S	15,845	2025	0.15 mi
Monona Dr	Lake Edge Blvd, S	15,871	2024	0.17 mi
Cottage Grove Rd	Maher Ave, W	11,882	2025	0.24 mi
Buckeye Rd	Lake Edge Blvd, NW	4,705	2025	0.27 mi
Dempsey Rd	Cottage Grove Rd, N	2,212	2025	0.35 mi
Monona Drive	Lake Edge Blvd, NE	15,353	2025	0.36 mi
Monona Dr	Lake Edge Blvd, NE	15,258	2024	0.37 mi

Bike Score®

Very Bikeable (81)

PROPERTY TAXES

Parcel Number	0710-093-0312-5	Improvements Assessment	$2,026,000
Land Assessment	$360,000	Total Assessment	$2,386,000

MAP

ADDITIONAL PHOTOS

Primary Photo

Building Photo

Listing ID: 35405712
Date on Market: 4/8/2025
Last Updated: 5/1/2025
Address: 195-209 Cottage Grove Rd, Madison, WI 53716

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195-209 Cottage Grove Rd 29,557 SF 77% Leased Retail Building Madison, WI 53716 $3,125,000 ($105.73/SF) 4.82% Cap Rate

INVESTMENT HIGHLIGHTS

EXECUTIVE SUMMARY

ATTACHMENTS

PROPERTY FACTS

AMENITIES

SPACE AVAILABILITY

203

TRAFFIC

NEARBY MAJOR RETAILERS

PROPERTY TAXES

MAP

ADDITIONAL PHOTOS

Listing ID: 35405712

Date on Market: 4/8/2025

Last Updated: 5/1/2025

Address: 195-209 Cottage Grove Rd, Madison, WI 53716