office building for sale - 4802 e. broadway, madison, wi

5
4802 E. Broadway, Madison, WI For Sale The information contained herein is based on estimates and assumptions and is presented for illustration purposes only. No representations, warranties or guarantees of any kind are made. John Walsh Direct: (608) 327-4002 Cell: (608) 575-1694 [email protected] For more information on this property, please contact: Demographics 1 Mile 3 Miles 5 Miles Population 1,102 37,976 113,479 Avg. H.H. Income $72,180 $79,463 $68,263 Building Description 6,400 sq. ft. freestanding office building Fully leased to the Federal Government until July 31, 2018 subject to termination Unparalleled signage opportunities on Highway 12/18 (Beltline Highway) Private offices, cubicle spaces, conference rooms, reception and lab spaces Plenty of on-site parking available • 100% leased $49,000 Net Operating Income Assessment/Tax Information Land Value: $130,000.00 Improved Value: $209,600.00 Total Value: $339,600.00 2016 Taxes: $8,223.27 Parcel Number: 251/0710-223-0314-4 Sale Price: $449,000 (11% Cap Rate) Beltline Highway 12/18 111,000 AADT Dutch Mill Rd. F e mrite Dr . S . S t o u g h t o n R d ./ H w y 5 1 49,10 0 A AD T Site

Upload: lee-associates-madison-wi

Post on 22-Jan-2017

34 views

Category:

Real Estate


0 download

TRANSCRIPT

Page 1: Office Building for Sale - 4802 E. Broadway, Madison, WI

4802 E. Broadway, Madison, WI For Sale

The information contained herein is based on estimates and assumptions and is presented for illustration purposes only. No representations, warranties or guarantees of any kind are made.

John WalshDirect: (608) 327-4002 Cell: (608) [email protected]

For more information on this property, please contact:

Demographics 1 Mile 3 Miles 5 MilesPopulation 1,102 37,976 113,479Avg. H.H. Income $72,180 $79,463 $68,263

Building Description• 6,400 sq. ft. freestanding office building• Fully leased to the Federal Government until July 31,

2018 subject to termination• Unparalleled signage opportunities on Highway 12/18

(Beltline Highway)• Private offices, cubicle spaces, conference rooms,

reception and lab spaces• Plenty of on-site parking available• 100% leased• $49,000 Net Operating Income

Assessment/Tax Information• Land Value: $130,000.00• Improved Value: $209,600.00• Total Value: $339,600.00• 2016 Taxes: $8,223.27• Parcel Number: 251/0710-223-0314-4

Sale Price: $449,000 (11% Cap Rate)

Beltline Highway 12/18 111,000 AADT

Dutch Mill Rd.

Femrite Dr.

S

. Sto

ught

on Rd

./Hwy

51 4

9,100

AADT

Site

Page 2: Office Building for Sale - 4802 E. Broadway, Madison, WI

4802 E. Broadway, Madison, WI For Sale

The information contained herein is based on estimates and assumptions and is presented for illustration purposes only. No representations, warranties or guarantees of any kind are made.

John WalshDirect: (608) 327-4002 Cell: (608) [email protected]

For more information on this property, please contact:

Lease Agreement

Page 3: Office Building for Sale - 4802 E. Broadway, Madison, WI

4802 E. Broadway, Madison, WI For Sale

The information contained herein is based on estimates and assumptions and is presented for illustration purposes only. No representations, warranties or guarantees of any kind are made.

John WalshDirect: (608) 327-4002 Cell: (608) [email protected]

For more information on this property, please contact:

Interior Photos

Page 4: Office Building for Sale - 4802 E. Broadway, Madison, WI

4802 E. Broadway, Madison, WI For Sale

The information contained herein is based on estimates and assumptions and is presented for illustration purposes only. No representations, warranties or guarantees of any kind are made.

John WalshDirect: (608) 327-4002 Cell: (608) [email protected]

For more information on this property, please contact:

Building Expenses and Floor Plan

Income $103,568.00Cleaning $17,372.00Insurance $1,912.00Legal and Professional Fees $650.00Management Fees $5,179.00Real Estate Taxes $8,534.00Repairs $2,819.00Snowplowing and Mowing $5,697.00Utilities $12,314.00Total Expenses $54,477.00Net Operating Income $49,091.00

Page 5: Office Building for Sale - 4802 E. Broadway, Madison, WI

3612 The information contained herein is based on estimates and assumptions and is presented for illustration purposes only. No representations, warranties or guarantees of any kind are made.