Essex Square
4222 E Towne Blvd, Madison, WI 53704, USA

$8,400,000· Multi Tenant (Sold)

Investment Highlights

  • Twelve Tenants (67.32%) Have Occupied for Over Ten Years
  • All But Two Leases Structured As Triple-Net (Minimal Landlord Responsibility)
  • Leases Are Staggered from One To Ten Years Remaining
  • Long Term Tenancy -Multiple Lease Extensions
  • New 10 Year Lease with Concentra Urgent Care (Proposed Move In Date Of 1/1/2022)
  • New 10 Year Lease with Moka Coffee (STNL Outlot Drive Thru Building)
  • Great Location Right Off East Washington Ave Near Regional Mall (East Towne Mall)
  • Over 119,000 Residents Within Five Miles with An Average Household Income Of $80,373
  • Multiple Points of Ingress & Egress (Corner Lot Location With Stop Light)
  • Consistently Growing Community

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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