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2917 International Ln
Madison, WI 53704
Office Property For Sale
Investment Highlights
- Three-story professional office building with plenty of windows for natural light and views.
- Current occupancy of 69% between five tenants offers a great opportunity to offset expenses.
- Located just steps away from MSN Airport.
- Features 120 surface parking stalls.
Executive Summary
2917 International Lane is a 39,960 SF, three-story professional office building located just steps from Dane County Regional Airport. The building offers abundant natural light and attractive views through expansive window lines throughout. The first and second floors are fully occupied by five tenants, providing immediate income. This creates an excellent opportunity for an owner-occupant to offset operating expenses while maintaining a stabilized, multi-tenant asset. The third floor features small private offices along the perimeter and a large conference room with movable dividers. The property is available for lease at $15.25/SF Gross and for sale at $2,600,000. Additional financial information available for qualified buyers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
39,960 SF
Building Class
C
Year Built
1988
Price
$2,600,000
Price Per SF
$65.07
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,320 SF
Slab To Slab
12’
Building FAR
0.40
Lot Size
2.28 AC
Opportunity Zone
Yes
Zoning
SE - Suburban Employment
Parking
120 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Awning
Property Taxes
| Parcel Number | 0810-304-0397-7 | Improvements Assessment | $1,361,000 |
| Land Assessment | $0 | Total Assessment | $1,361,000 |
Property Taxes
Parcel Number
0810-304-0397-7
Land Assessment
$0
Improvements Assessment
$1,361,000
Total Assessment
$1,361,000
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