South Towne Center
Market Price
2101 West Broadway, Madison, WI 53713
For Sale
Retail
Neighborhood Center
Active
Last Updated: 03/16/2026
889,344
NOI
5.76 acres
Lot Area
Details:
NOI: $889,344
Lot Area: 5.76 acres
Occupancy: 83.9%
Year Built: 1980
Tenancy: Multiple
Year Last Renovated: 1991
Highlights:
- Long-Term Credit Tenancy
- Dominant Madison MSA Trade Area
- Desirable Customer Base
- Strong Shadow Anchors
- Value Add Opportunities
- College Town
Description:
Mid-America Real Estate Corporation (in cooperation with Mid-America Real Estate – Wisconsin, LLC) has been retained on behalf of the owner to sell the 100% fee simple interest in South Towne Center. Located in the desirable Madison suburb of Monona, South Towne Center is the area’s dominant shopping destination featuring tenants that include Planet Fitness, Dollar Tree, Five Below, and Michaels operating on long term leases. The center also features upside through the lease up of vacancies and the opportunity to sell the separately parceled Chase Bank and shop building at an attractive cap rate differential.
Documents:
| Title | ||
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| South_Towne_Center_-_Flyer.pdf | ||
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South_Towne_Center_-_OM.pdf
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Location
Gallery
