Multi-tenant office building, Madison, WI west side priced at 9% cap rate based on average 2018-19 NOI
$1,455,000
6314 Odana Road, Madison, WI 53719
For Sale
Office
Building
Active
Last Updated: 12/21/2023
9
Cap Rate
138,183
NOI
Details:
Cap Rate: 9%
NOI: $138,183
Building Size: 17,167 sqft
Lot Area: 0.87 acres
Class: B
Lease Type: Full Service
Price Per Sqft: $85
Floors: 3
Parking Spots: 55
Number of Elevators: 1
Highlights:
- 9% cap rate
- multi-tenant building will potential for new owner to occupy part of the property
Description:
Multi- tenant office building with approximately 1 4 tenant suites, located west Madison commercial center, within Park Towne business park and close to regional shopping mall. This property is priced at 9% cap rate based on the average NOI for last 2 years. Potential for new owner to occupy part of the building.
Documents:
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Info_Sheet_-_Sale_-6314_Odana_2020.pdf
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Location
Gallery
