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- LoopNet Team
4302 E Washington Ave
Madison, WI 53704
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
ABOUT 4302 E WASHINGTON AVE , MADISON, WI 53704
Blue West Capital is pleased to exclusively market for sale a single tenant Stanton Optical property located in Madison, WI. The property is positioned at a heavily trafficked signalized intersection (52,000 VPD) along East Washington Avenue (US 151). The property is positioned directly across the street from the East Towne Mall, an 840,000 SF regional mall. The property is centrally located within a regional retail destination that includes Target, Home Depot, HyVee, Kohl’s, Best Buy, Hobby Lobby, Burlington Coat Factory, and many other national retailers. Madison was ranked the top city for tech growth in the US in 2017. Stanton Optical has operated at the property for ten years and recently exercised their first renewal option. The current lease term expires in October 2024 and features 2% annual increases. Stanton's parent company, Vision Precision Holdings LLC, owns and operates approximately 150 locations nationally with large expansion plans. They presently operate 7 stores in Wisconsin.
PROPERTY TAXES
| Parcel Number | 0810-284-0111-5 | Improvements Assessment | $1,252,300 |
| Land Assessment | $140,500 | Total Assessment | $1,392,800 |
PROPERTY TAXES
