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240-248 N Century Ave 1,935 SF of Retail Space Available in Waunakee, WI 53597
HIGHLIGHTS
- High Visibility & Traffic: Situated on North Century Avenue, a major arterial road with significant daily traffic, ensuring maximum exposure for your
- Close proximity to major retailers including Walgreens, McDonald's, and Dunkin’ Donuts, increasing footfall and cross-shopping opportunities.
- Home to established businesses like Milio’s Subs, Cuco's Mexican Restaurant, and a local nail salon, driving consistent customer traffic.
- Growing Community: Waunakee is experiencing rapid growth in population, households, and the labor force, with high average household incomes contribut
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 240 | 1,935 SF | 1-10 Years | $15.25 /SF/YR $1.27 /SF/MO $29,509 /YR $2,459 /MO | Triple Net (NNN) |
1st Floor, Ste 240
Prime retail location perfect for your cafe or restaurant venture. This 1,935 SF space is situated in a high-visibility, heavily-trafficked area just north of the Highway 19 intersection. The unit features a well-lit, open floor plan ideal for a cozy cafe or vibrant dining experience. Join a robust tenant mix including Milio’s Subs, Cuco's Mexican Restaurant, and a popular local nail salon, attracting a steady flow of customers. The space benefits from ample parking and proximity to major retailers such as Walgreens, McDonald's, and Dunkin’ Donuts. With strong demographic trends, including significant population and household growth, this location is set to enhance your business's success.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,935 SF | Gross Leasable Area | 9,014 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Freestanding | Parking Ratio | 4.67/1,000 SF |
| Total Space Available | 1,935 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,014 SF |
| Year Built | 2000 |
| Parking Ratio | 4.67/1,000 SF |
ABOUT THE PROPERTY
Located at 240 N Century Avenue, Waunakee, WI, this retail center offers an exceptional leasing opportunity in a bustling neighborhood just 12 miles from downtown Madison. The 9,014 SF property is fully occupied, featuring a dynamic mix of food-oriented tenants and service providers, making it a vibrant community hub. Property Highlights: - High Visibility & Traffic: Situated on North Century Avenue, a major arterial road with significant daily traffic, ensuring maximum exposure for your business. - Robust Tenant Mix: Home to established businesses like Milio’s Subs, Cuco's Mexican Restaurant, and a local nail salon, driving consistent customer traffic. - Strategic Location: Close proximity to major retailers including Walgreens, McDonald's, and Dunkin’ Donuts, increasing footfall and cross-shopping opportunities. - Growing Community: Waunakee is experiencing rapid growth in population, households, and the labor force, with high average household incomes contributing to a strong retail demand. Demographic Highlights: - Population: 24,439 within a 5-mile radius, with growth projected to continue. - Household Income: Median household income of $104,350, reflecting strong purchasing power in the area. - Daily Traffic: 6,100 vehicles per day (VPD) on North Century Avenue and 16,600 VPD on West Main Street. Capitalize on this unique opportunity to establish your business in a thriving retail center within one of Madison's most desirable suburbs.
- Signage
- Monument Signage
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240-248 N Century Ave
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