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6801-6807 Odana Rd

9,539 SF 100% Leased Retail Building Madison, WI 53719 £1,510,129 (£158/SF) 7.50% Net Initial Yield

Investment Highlights

  • Longstanding Tenancies, Below Market Rents
  • $144,755 in 2025 NOI
  • One M-T-M Tenant

Executive Summary

Four tenant strip as an outparcel to a strong fashion midbox center with Burlington, Ross, Rogan's and JoAnn. Located in Madison, Wisconsin's sought after West Towne trade area.
Highly visible with great access.

Attachments

Westland Plaza OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,539 SF
Building Class
C
Year Built
1983
Price
£1,510,129
Price Per SF
£158
Net Initial Yield
7.50%
NOI
£113,264
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.23
Lot Size
0.95 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CC - Commercial Corridor
Parking
38 Spaces (3.98 Spaces per 1,000 SF Leased)
Frontage
246 ft on Odana Rd

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
1 of 1

Nearby Major Retailers

The Melting Pot
Denny's
Starbucks
LongHorn Steakhouse
freshii
Panchero's
U.S. Bank
Olive Garden
MOOYAH
The Cheesecake Factory

PROPERTY TAXES

Parcel Number 0708-252-0420-2 Improvements Assessment £207,349
Land Assessment £430,348 Total Assessment £637,697

PROPERTY TAXES

Parcel Number
0708-252-0420-2
Land Assessment
£430,348
Improvements Assessment
£207,349
Total Assessment
£637,697
(414) 273-4600

Contact

  • Listing ID: 33301378

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 6801-6807 Odana Rd, Madison, WI 53719

The Retail Property at 6801-6807 Odana Rd, Madison, WI 53719 is currently available for sale. Contact Mid-America Real Estate – Wisconsin, LLC for more information.

Nearby Listings

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6801-6807 Odana Rd, Madison, WI for sale Building Photo- Image 1 of 5
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6801-6807 Odana Rd, Madison, WI for sale Building Photo- Image 2 of 5
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6801-6807 Odana Rd, Madison, WI for sale Building Photo- Image 3 of 5
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6801-6807 Odana Rd, Madison, WI for sale Building Photo- Image 4 of 5
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© 2024 CoStar Group

6801-6807 Odana Rd
(414) 273-4600 x

6801-6807 Odana Rd

Dan Rosenfeld

(414) 273-4600

(414) 273-4600

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