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700 Rayovac Dr
Madison, WI 53711
55 OAKS CORPORATE CENTER · Office Property For Sale
Investment Highlights
- Immediate access to the Beltline Highway provides exceptional regional connectivity.
- Located in a low-vacancy submarket benefiting from strong occupancy.
- Diverse local economy supports long-term office demand.
- Positioned near prominent innovation-driven organizations.
- Access to one of the Midwest's strongest talent pools.
- Direct access to a primary east-west corridor carrying over 88,000 vehicles per day.
Executive Summary
55 Oaks Corporate Center at 700 Rayovac Drive offers investors the opportunity to acquire a fully leased, office asset in one of Madison's most established business corridors. The 39,941-square-foot office building is currently 100% leased, offering immediate cash flow supported by a diverse tenant roster and a strong history of leasing performance.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
39,941 SF
Building Class
C
Year Built
1970
Price
$2,920,000
Price Per SF
$73.11
Cap Rate
8.03%
NOI
$234,476
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,314 SF
Slab To Slab
12’
Building FAR
0.48
Lot Size
1.93 AC
Opportunity Zone
Yes
Zoning
M1 - Light Manufacturing
Parking
79 Spaces (1.9 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Monument Signage
Property Taxes
| Parcel Number | 0708-254-0301-0 | Improvements Assessment | $1,501,000 |
| Land Assessment | $410,000 | Total Assessment | $1,911,000 |
Property Taxes
Parcel Number
0708-254-0301-0
Land Assessment
$410,000
Improvements Assessment
$1,501,000
Total Assessment
$1,911,000
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