7050 Watts RdMadison, WI 53719

This exceptional investment opportunity presents a fee-simple interest in a 113,134-square-foot At Home retail building situated on an 11.87-acre lot in Madison, Wisconsin. The property boasts a 100% occupancy rate under a long-term, absolute NNN lease with At Home, a prominent national retailer. The lease commenced March 25, 2022, and has a remaining term of approximately 12.4 years, extending to March 31, 2037. The lease includes annual rent increases of 2%, providing consistent growth in cash flow. The current Net Operating Income (NOI) stands at $695,599, yielding a 9.00% cap rate based on the asking price of $7,728,878. The lease structure offers four 5-year renewal options, further enhancing the long-term value and stability of this investment. This single-tenant, freestanding building is strategically located at 7050 Watts Rd, Madison, WI 53719, in a desirable retail corridor near the University of Wisconsin, benefiting from a dense and affluent demographic. The property offers a truly passive investment opportunity with significant long-term cash flow potential and minimal landlord responsibilities. The property's location and the strength of the tenant combine to create a compelling investment proposition.