3902-3908 E Washington Ave | Madison, WI 53704
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- LoopNet Team
3902-3908 E Washington Ave
Madison, WI 53704
Sunnyside Shops · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The center is fully occupied by a diverse tenant mix, with the majority of the tenants being national credit
- All four tenants are on net leases, at replaceable rent rates, minimizing potential slippage in expenses and reducing lease rollover risk
- The property sits on a signalized intersection and benefits from a clear, unobstructed view from East Washington Avenue, carrying over 45,000 vehicles
- The average historical occupancy of all national, credit tenants is 20 years
- A new roof was recently installed on the property, protecting the asset for decades to come
- The property is directly across the street from two major grocers, ALDI and Hy-Vee
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,400 SF
Building Class
B
Year Built
1995
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.47 AC
Zoning
C
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0810-283-0088-8 | Improvements Assessment | $3,650,000 |
| Land Assessment | $600,000 | Total Assessment | $4,250,000 |
PROPERTY TAXES
Parcel Number
0810-283-0088-8
Land Assessment
$600,000
Improvements Assessment
$3,650,000
Total Assessment
$4,250,000
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