2216 University Ave | Madison, WI 53726
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- LoopNet Team
2216 University Ave
Madison, WI 53726
7-Eleven | Corp Abs NNN | Annual Incrs · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- University of Wisconsin-Madison | UW Health University Hospital |Memorial Veterans Hospital | Madison Yards Development
- University Avenue (24,030 VPD) | U.S. Highway 14 (129,000 VPD) | Strong Brand Presence | Covid & E-commerce Resistant Tenant
- NNN Leased | Fee Simple Ownership | Minimal Landlord Responsibilities
- Over 2 Years Remaining | Corporate Signed | Annual Rental Increases | 8-Pump Gas Station
- Hilldale Mall (465,000 SF) | West Towne Mall (1,015,000 SF) | West Towne Crossing (401,000 SF) | Primary Retail Corridor
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,819 SF
Building Class
C
Year Built/Renovated
1989/2022
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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