34,495 SF QUALITY OFFICE BUILDING FOR LEASE …...34,495 SF QUALITY OFFICE BUILDING FOR LEASE OR...

CHUCK POLENZ Sr. Broker

FOR MORE INFORMATION CONTACT:

[email protected] (P) 608.345.2042 (C) 608.345.2042

altuscommercialrealestate.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee,warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otther conditions, prior sale,lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may notrepresent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the propertyand transaction

PROPERTY OVERVIEWMust see quality built single story office building on Madison's southeast side withclose access to interstate 90, US Hwy 51, South Beltline Hwy and easy access todowntown. Currently fully leased through December, 2019 (Tenant building newoffice) Modern flexible floor plan includes mix of private offices, large open workareas, two break areas, conference room(s), full high security system in place.Beautiful class A finishes throughout. This steel / brick constructed building has 110surface parking spaces (3.69:1,000 SF), is directly on the Madison Metro bus line andis in amazing condition inside and out. All of the custom existing cubicles and most ofthe office furniture included. For sale at $4,690,000 or lease at $12.00 SF NNN.

PROPERTY HIGHLIGHTS• Quality Class A Office Space for Sale or Lease

• On Madison Metro Bus Line

• 110 Surface Parking Spaces

• Easy Access to Multiple Main Highways

• All Tenant Improvements Negotiable

• Lots of premium furnishings included

OFFERING SUMMARY

Sale Price: $4,690,000

Building Size: 34,495 SF

Available SF: 16,748 - 34,495 SF

Lot Size: 3.5 Acres

Price / SF: $135.96

Cap Rate: 7.4%

NOI: $452,182

Year Built: 2001

Renovated: 2012

Zoning: PUDSIP

Traffic Count: 8,200

O F F I C E P R O P E R T Y F O R S A L E

34,495 SF QUALITY OFFICE BUILDING FOR LEASE OR SALE

5303 FEN OAK DR, MADISON, WI // EXECUTIVE SUMMARY







5303 FEN OAK DR, MADISON, WI // PARCEL MAP







5303 FEN OAK DR, MADISON, WI // FLOOR PLANS







5303 FEN OAK DR, MADISON, WI // ADDITIONAL PHOTOS







5303 FEN OAK DR, MADISON, WI // LOCATION MAPS





POPULATION 1 MILE 3 MILES 5 MILES

Total population 4,530 38,536 91,929

Median age 39.1 39.3 38.3

Median age (Male) 37.2 37.0 36.5

Median age (Female) 39.8 41.1 39.6

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 1,720 16,025 39,303

# of persons per HH 2.6 2.4 2.3

Average HH income $70,716 $72,175 $70,175

Average house value $261,731 $221,191 $228,016

* Demographic data derived from 2010 US Census



5303 FEN OAK DR, MADISON, WI // DEMOGRAPHICS MAP





A L T U S C O M M E R C I A L R E A L E S T A T E , I N C

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34,495 SF QUALITY OFFICE BUILDING FOR LEASE …...34,495 SF QUALITY OFFICE BUILDING FOR LEASE OR...

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