5001 University AveMadison, WI 53711

For Lease
$18/SF/YR

Prime Madison location, 3,750 sq ft available.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 3,750 square foot commercial space is situated at 5001 University Avenue in Madison, Wisconsin, within a larger 65,000 square foot building. Currently vacant, this space presents a unique opportunity for a variety of businesses. Previously configured as a restaurant, it retains valuable features including a hood vent, grease trap, water heater, and restrooms. A large dining area and kitchen are readily available for restaurant use, or the space could easily be adapted for office or salon use. The space boasts abundant natural light and impressive views of University Avenue, thanks to its large windows. The property benefits from high visibility, with an estimated 34,000 cars passing daily, and ample parking is provided. Building and monument signage opportunities are also available. The property is classified as Class B and located in the Greater Madison Area within Dane County, zip code 53711. Taxes are $3.50 per square foot. While the current CAM and tax expense is $3.77 per square foot, tenants are responsible for utilities and janitorial services. Due to planned redevelopment, the initial lease term and options are limited

Highlights

  • 3,750 SF vacant commercial space at 5001 University Ave, Madison, WI.
  • High-visibility location on University Ave with 34,000 cars daily, offering monument and building signage opportunities.
  • Excellent access and visibility at a signalized intersection.
  • Located across from a new medical/office and apartment development.

Property Details for 5001 University Ave

Property type
Other retail properties, Restaurants
RSF (Rentable sq. ft)
65,000 SF
Class
B

Unit(s) available at that property

Space
Building 1
Size
3,750 SF
Rate per SF
$18

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.0757432
Longitude
-89.467368
5001 University Ave, Madison, Wisconsin

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5001 University Ave
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