55 Oaks Corporate Center
700 Rayovac Dr, Madison, WI 53711, USA

$2,445,000· Multi Tenant (Sold)

Investment Highlights

  • 94.03% Occupied Retail/Office Center -21 Units (19 Leased / 2 Vacant)
  • All Leases Structured As Gross -Landlord Responsible For All Expenses
  • Since 2018 –Six New Air Conditioners, 12 New Furnaces, One New Water Heater, Led Lighting In Common Areas, Parking Lot Crack Fill, Seal And Coat, New Gutters, Exterior Facia And Bathroom Remodel
  • Two Vacant Units Providing Upside (5.97%)
  • Three Story (Not Including Lower Level) Office Building With Multiple Enrances
  • Over 189,000 Residents Within Five Miles With An Average Household Income Of $111,843
  • Office Submarket Currently 92.5% (1.4m Sf / 71 Properties)

Location

Agent

Jeff Rowlett

jeff.rowlett@marcusmillichap.com
262 364 1924

Jeff Rowlett is a leading Investment Advisor at Marcus & Millichap serving private capital investors in Chicago, Milwaukee and nationwide. Mr. Rowlett is widely recognized as a leading investment properties specialist. His expertise is in understanding the capital markets, knowing..

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