Specification
Features
• Rapidly developing area near downtown Madison
• High traffic counts on S Park St (20,300 vehicles per day)
• Easy access to Beltline Highway – 5-minute drive
• Located 1.5 miles south of the UW-Madison Campus which has a total enrollment of 45,540 students
• Rule Enterprises proposes $41.3MM project that will include 24,000-SF grocery store and 150 units of rental housing nearby
• City of Madison land-banking strategy along S Park Street to acquire real estate for future economic development, affordable housing projects, and other city uses
• SSM Health currently building a $75MM 180,000 SF five-story medical clinic nearby
• Close proximity to SSM Health St Mary’s Hospital and UnityPoint Health-Meriter Hospital
Basic Details:
Site Size: 1.260 AC
Building SF: 3,231 SF with Drive-Thru
Year Built: 1970
Site Size: 1.36 Acres / 89,034 SF (Shared Parcel)
Asking Lease Rate: $30.00 / SF NNN
Ground Lease Rate: $75,000 / Year