3 Story Office Building

2917 International Lane, Madison, WI

$15/sqft/yr

Price

32.17%

Cap Rate

$447,176

NOI

Overview
Cap Rate
32.17%
NOI
$447,176
Building Size
39,960 sqft
Lot Area
2.28 acres
Class
B
Year Built
1988
Floors
3
Parking Spots
88
Description

39,960 SF three story class "B" multi-tenant office building on International Lane in Madison Wisconsin. Large number of windows on every floor provides great natural light and fantastic views. Building is in the process of being converting to a multi-tenant property. Each floor is approx. 13,320 SF. Currently have space option ranging from 4,000 - 34,960 SF. Building is elevator served, ADA compliant and has nice covered main entrance. 9' ceiling heights with full wet sprinkler system. New owners are in the process of remodeling the property. On-site parking included. New Landlord is open to building modifications to fit Tenant needs. All Tenant Improvements allowances are negotiable. Asking rate is $15 SF gross which includes utilities. Tenant responsible for in-suite janitorial, phone/internet and adequate liability insurance.

BANK OWNED - Three story class "B" single tenant office building on International Lane in Madison Wisconsin, perfect for owner/occupant. Each floor has lots of windows for natural light and great views. 2nd Floor features many large offices or shared offices on the perimeter with restrooms, break room and work area in center. 3rd floor features smaller private offices on perimeter with open cubical work area in center, restrooms, large break room and very large conference/training room with dividers. Building is ADA compliant and has a full wet sprinkler system in place. Most of the buildings HVAC system have been updated within the last 10 years. Approximately 88 paved parking stalls. Current single tenant lease expires end of 2016. AT&T rooftop cellular lease in place for additional income. Note: All offers must include Bank's REO Addendum AB to be considered.

Located near the corner of International Lane and Darwin Rd, this property is very close to the entrance to the Dane County Regional Airport and Madison College in the Air Park Business Center.

Building is on leased land, located at 2917 International Lane, mostly flat, some wooded, lot backs up to Truax Airport

Building is on leased land, located at 2917 International Lane,

Natural

Highlights
  • Great Investment or owner/occupant opportunity
  • Well Maintained Property
  • On-Site Parking
  • Convenient Location - Close to Airport and Madison College
  • AT&T Rooftop Cellular Lease Provides Solid Additional Income
1 Space Available

2917 International Lane, AllBuilding

Available:
Immediately
Sublease:
No
SQFT:
34,960
Lease Rate:
$15/sqft/yr
Lease Type:
Gross

All floors are a mix of open areas and private offices. Elevator served building, showers on 1st floor, restrooms on each floor. Large training room on 3rd floor.

Documents

Location
Gallery