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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

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.

Map:
Documents:
Title
Info_Sheet_-_Sale_-6314_Odana_2020.pdf
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Location
Gallery