Investment Highlights
- Madison Metropolitan School District
- Absolute Net Lease with 19+ Years Remaining and 2% Annual Increases
- One –Ten Year Option (2% Annual Rent Increases)
- Tenant Reimburses Real Estate Taxes
- Tenant Pays Cam and Insurance
- Tenant Responsible for Roof, Structure, HVAC & Parking Lot
- Originally Built In 1992 / Fully Renovated In 2016
- Strong Guarantee (Moody’s AA2)
- Lease Is A "Very Rare" From the Madison Metropolitan School District
- Significant Tenant Investment in Build-Out (Took Space as Is)
- Billboard Lease - New 21 Year Lease (Adam’s Outdoor)
- Significant Rent Increase in July 2023 and 1.50% Annual Rent Increases Starting July 2024
- Located Just Off W Beltline Hwy (70,188+ VPD)
- Over 84,500 Residents Within Three Miles with An Average Household Income Of $115,636
- Adjacent To Office Max, Nordstrom Rack, Best Buy, Urban Air Adventure Park and More
- Extremely Dense West Towne Madison Retail Corridor
- Big College Town -UW-Madison (Total Enrollment Of 45,500)
