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7530 Mineral Point Rd 3,864 SF Retail Building Madison, WI 53717 $899,000 ($232.66/SF) 7.56% Cap Rate
INVESTMENT HIGHLIGHTS
- 2.5% annual escalators for 5 years left on lease
- Some new HVAC units installed recently
EXECUTIVE SUMMARY
Single tenant office building (now vacant); Building size: 3,864 Sq. Ft.; First floor: 1,932 Sq. Ft.; Lower level: 1,932 Sq. Ft.; Land size: .40 Acres; Former Veterinary Clinic; Some new HVAC units installed recently; Built in 1990; G2 Commercial Zoning; Assessments: Land: $231,000; Improved: $312,400; Total: $543,400; Parcel number: 0708-233-0105-0; Sale Price: $899,000
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,864 SF
Year Built
1990
Price
$899,000
Price Per SF
$232.66
Cap Rate
7.56%
NOI
$67,995
Tenancy
Single
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.41 AC
Zoning
G2
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0708-233-0105-0 | Improvements Assessment | $312,400 |
| Land Assessment | $231,000 | Total Assessment | $543,400 |
PROPERTY TAXES
Parcel Number
0708-233-0105-0
Land Assessment
$231,000
Improvements Assessment
$312,400
Total Assessment
$543,400
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7530 Mineral Point Rd
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