34 Schroeder Ct, Madison, WI 53711
51,664 SF | 80% Leased | Office Building | Madison, WI 53711 | $6,250,000 ($121/SF) | 8.67% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $6,250,000
- Property Type
-
Office
- Square Feet
- 51,664 SF
- Price / Square Foot
- $121
Listing Contacts
Chris Richards
Verified Profile
Colin McLandsborough
Verified Profile
- Property Info
Property Overview
Colliers | Wisconsin is pleased to present the opportunity to acquire a Class A Office Building (the "Property") located at 34 Schroeder Court, Madison Wisconsin. Built in 2008, this well-constructed property consists of three floors plus totaling 51,644 square feet. The building features beautiful office buildouts, a shared 2nd floor conference room and ample underground parking. The asset is at 80% occupancy with a tenant mix of medical and traditional office users. The current 8.67% cap rate does not include rent on vacant suites, creating potential for increased income. The Property is located just 15 minutes outside of downtown Madison along the highly trafficked Beltline Highway. The property offers great exposure with on building signage opportunities. Traffic counts at the property reach up to 103,000 vehicles per day. The property is in close proximity to many area amenities like Vitense Golfland, HyVee Grocery, Office Depot, Walgreen's, and various restaurants and breweries. Contact broker to learn more about this excellent Madison investment opportunity. Confidentiality agreement is required to view rent roll and financials.
Property Details
- Class
- A
- Year Built
- 2008
- Stories
- 3
- Lot Size (sq. ft)
- 56,192 SF
Highlights
- Beltline visibility with 75,200 VPD
- Rent roll and financials may be viewed with a signed confidentiality agreement
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