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Accuray Global Headquarters & Production 2 Properties Offered at $35,865,690 in Madison, WI
Investment Highlights
- Global Headquarters for a Publicly Traded Precision Radiation Oncology Leader
- Purpose Built Radiation Infrastructure Creating Meaningful Barriers to Relocation
- Strategic Location Within Madison’s Medical and Research Corridor Supported by Affluent Demographics
- $15.7 Million State-of-the-Art Expansion with Direct Tenant Capital Commitment
- Long Term Double Net Lease with Recent 10-Year Renewal and $2.96 Million in Annual Rent
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a two-building, fee-simple corporate headquarters campus located at 1209 and 1240 Deming Way in Madison, Wisconsin, leased to Accuray Incorporated (NASDAQ: ARAY) under long-term NN lease structures. The Property serves as Accuray’s global headquarters and consists of approximately 145,845 square feet situated on a combined 9.20-acre site within Madison’s premier medical and life sciences corridor. Accuray has operated at the campus since 2006 and recently extended its leases at both buildings through June 30, 2035, reinforcing the Property’s mission-critical role within the company’s global operations.
Accuray is a global leader in precision radiation oncology technology, developing some of the most advanced cancer treatment and radiation therapy systems in the world, including its proprietary CyberKnife® and Radixact® platforms. These highly sophisticated systems deliver sub-millimeter accuracy and are installed in leading hospitals and cancer treatment centers across more than 60 countries. The development, training, calibration, and support of this level of technology requires significant engineering expertise, regulatory oversight, and purpose-built infrastructure.
Accuray is a global leader in precision radiation oncology technology, developing some of the most advanced cancer treatment and radiation therapy systems in the world, including its proprietary CyberKnife® and Radixact® platforms. These highly sophisticated systems deliver sub-millimeter accuracy and are installed in leading hospitals and cancer treatment centers across more than 60 countries. The development, training, calibration, and support of this level of technology requires significant engineering expertise, regulatory oversight, and purpose-built infrastructure.
Property Facts
| Price | $35,865,690 | Number of Properties | 2 |
| Price / SF | $245.92 / SF | Individually For Sale | 0 |
| Cap Rate | 8.25% | Total Building Size | 145,845 SF |
| Sale Type | Investment | Total Land Area | 11.33 AC |
| Status | Active |
| Price | $35,865,690 |
| Price / SF | $245.92 / SF |
| Cap Rate | 8.25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 145,845 SF |
| Total Land Area | 11.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1209 Deming Way, Madison, WI 53717 | Industrial | 84,435 SF | - | - |
| 1240 Deming Way, Madison, WI 53717 | Office | 61,410 SF | 2001 | - |
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Accuray Global Headquarters & Production
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