• Broker 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

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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?

ATTACHMENTS

203 Cottage Grove Rd - For Sale Flyer

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
  • Lease Option
  • Redevelopment Project
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
29,557 SF
Building Class
C
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

AMENITIES

  • 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

203

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)

NEARBY MAJOR RETAILERS

Burn Boot Camp
Old National Bank
Ymca
BMO
Woodman's Food Markets

PROPERTY TAXES

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

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  • 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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