302 N Walbridge Ave | Madison, WI 53714
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302 N Walbridge Ave
Madison, WI 53714
Class A Ofc Bldg W/ Redevelopment Potential · Office Property For Sale
Investment Highlights
- Excellent Visibility and Access Along Route 51 and Highway 30
- Exceptional Building Infrastructure Including Best-in- Class Access to Power and Water
- Proximity to High-Ranking University of Wisconsin-Madison Bolsters Local Access to Talent and Research Funding
- Ideal Profile and Positioning for Corporate User Headquarters Location
- Large 41-Acre Site and Surrounding Residential Districts Promote Untapped Redevelopment Potential
Executive Summary
302 N Walbridge Avenue, Madison, Wisconsin is a ±277,898 SF, four story, general use office building which sits on 41.13 acres. The property is offered for lease, sale or could be redeveloped into a variety of uses.
Beginning 2016 and completing in 2019 the building underwent a $27.4 million remodel. It is now LEED Gold certified and features a 250kW solar panel field, new heating, air-handling units, windows, light fixtures, a 1500 KW generator, upgraded fire protection & security systems and new patios/courtyards. Building amenities include dining and cooking facilities, several large conference rooms, an abundance of natural light, loading docks, a data center and ample surface parking spaces.
Located on the east side of the Madison Metro, the property sits at the intersection of Highways 30 & 51 and just off of Milwaukee Street with convenient access to I-39, I-90 and I-94.
Beginning 2016 and completing in 2019 the building underwent a $27.4 million remodel. It is now LEED Gold certified and features a 250kW solar panel field, new heating, air-handling units, windows, light fixtures, a 1500 KW generator, upgraded fire protection & security systems and new patios/courtyards. Building amenities include dining and cooking facilities, several large conference rooms, an abundance of natural light, loading docks, a data center and ample surface parking spaces.
Located on the east side of the Madison Metro, the property sits at the intersection of Highways 30 & 51 and just off of Milwaukee Street with convenient access to I-39, I-90 and I-94.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
277,898 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1980/2016
Tenancy
Single
Number of Floors
4
Typical Floor Size
69,475 SF
Slab to Slab
10 ft
Building FAR
0.15
Lot Size
41.37 AC
Zoning
PUDSIP - Planned Development Zoning
Parking
500 Spaces (1.8 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Bus Route
- Controlled Access
- Courtyard
- Fitness Centre
- Food Court
- Signage
- Car Charging Station
- Bicycle Storage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0710-041-0401-5 | Improvements Assessment | £7,623,075 |
| Land Assessment | £3,105,001 | Total Assessment | £10,728,077 |
PROPERTY TAXES
Parcel Number
0710-041-0401-5
Land Assessment
£3,105,001
Improvements Assessment
£7,623,075
Total Assessment
£10,728,077
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