2216 University Ave | Madison, WI 53726
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- LoopNet Team
2216 University Ave
Madison, WI 53726
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STRONG, SECURE TENANT AND LEASE.
- Property remodeled and converted to a 7-Eleven in 2012 where the Tenant signed a new, 15-year lease.
- Corporately Guaranteed lease by Investment-grade credit, A rating from Standard & Poor’s.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
3,819 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.59 AC
Zoning
TSS - Traditional Shopping Street
Parking
17 Spaces (4.45 Spaces per 1,000 SF Leased)
Frontage
62’ on Walnut Street
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 0709-222-0501-2 | Improvements Assessment | $2,200,000 |
| Land Assessment | $800,000 | Total Assessment | $3,000,000 |
PROPERTY TAXES
Parcel Number
0709-222-0501-2
Land Assessment
$800,000
Improvements Assessment
$2,200,000
Total Assessment
$3,000,000
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