Westland Plaza
$1,930,000
6801 Odana Road, Madison, WI 53719
For Sale
Retail
Strip Center
Active
Last Updated: 03/06/2025
7.5
Cap Rate
144,755
NOI
Details:
Cap Rate: 7.5%
NOI: $144,755
Building Size: 9,539 sqft
Occupancy: 100%
Class: B
Lease Type: Triple Net
Year Built: 1983
Price Per Sqft: $202.33
Zoning: Commercial
Tenancy: Multiple
Highlights:
- Outparcel strip to Ross, Burlington, Rogan’s Shoes and JOANN.
- Longstanding tenancies
- Below market rents
- One tenant on a M-T-M Lease
- $144,755 in 2025 NOI
Description:
Unanchored 9,539 sf four tenant retail strip, as an outlot to a strong fashion midbox center with Joann Fabrics, Burlington and Ross Dress for Less. Located in Madison’s West Towne trade area at Odana Road and Gammon Road.
Westland Plaza offers excellent street front visibility with two full-access entrances from Odana Road.
Documents:
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Westland_Plaza_OM.pdf
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Location
Gallery
