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31236922
31236756

1401 Regent St, Madison, WI 53711 For Sale

JB
WI 60510-90
White Box Commercial Property Group LLC
Listed by White Box Commercial Property Group LLC
$2,250,000
116 days on market
Updated 74 days ago

Former 7-Eleven

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 3,600
Cap Rate 6.3%
NOI $141,652
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/20/2027
Remaining Term 0.9
Lease Options Yes
Price per SqFt $625
Acreage 0.228
Parking Spaces 11 spaces
Parking per 1,000 SqFt 3.06
Tenant Credit Corporate Guarantee
Lease Commencement 06/21/2012

CAMPUS RETAIL | REDEVELOPMENT | VALUE-ADD

Marketing description

Rare opportunity available near the Camp Randall Stadium (up to 75,000+ attendees) in the heart of the University of Wisconsin Madison. Positioned at a prominent corner site, this property offers exceptional exposure and access. 7-Eleven is on the master lease with a sublease expiring June 2027. Subtenant operates a c-store w/ sales of alcohol.

  • Prominent corner - multi-directional frontage at stoplight intersection

  • On-site surface parking lot and monument signage available

  • Located on main retail corridor adjacent to Camp Randall Stadium (0.3 mi - 7min walk)

  • Opportunity for additional income from game day parking/tail-gating or outdoor food and beverage

  • Randall Street is the direct connector street to the Campus and Camp Randall

  • Ideal site for campus retail, student housing and/or hotel redevelopment, or value-add investors

Investment highlights

Listing Contacts

JB
WI 60510-90
White Box Commercial Property Group LLC
Listed by White Box Commercial Property Group LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$141,652.00
$11,804.33/mo

Valuation Metrics

0
DSCR
6.3%
Cap Rate
6.3%
ROI

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Additional Information

Name
Jamani Bergh
License
60510-90
Brokerage
White Box Commercial Property Group LLC
Title
Real Estate Broker
Brokerage Address
815 Magdeline Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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