50000ft² - Office/mixed-use leasing opportunity on Madison's west side for sale in Madison, Wisconsin

Introduction.

A 50,000 sq ft building officially occupied by a national engineering and architecture firm is available for lease on Madison's west side. Divided into 3 levels, the home can accommodate tenants varying from single workplace, sole-proprietors to big firms occupying a whole floor or the entire structure.

Home Features.

Initially integrateded 1987 with a major addition added in 1993, the structure contains a total of 50,136 gross square feet and is sited on a 2.6 acre lot with 160 parking areas. The property presently has Class B office finishes, with numerous particular updates consisting of LED lighting, onsite showers/locker room, and a sophisticated entryway and reception location. The structure offers numerous tenant features consisting of a spacious breakroom with vending machines, both indoor and outdoor parking, conference rooms geared up large flat screen TVs, white boards, virtual conferencing devices and tables/chairs, and big presentation hall with projection innovation, motion picture screen and seating for 75.

The home is fully furnished with cubicles, workplace furniture, A/V devices, internet/telecom wires, printers, copy machine, a mailroom and far more. These providing may go or remain as future occupants desire.

Renters.

The existing occupant occupies 100 % of the home and will be leaving late summer 2014. At this time the structure will be totally uninhabited and management is thinking about a range of future tenant choices that could consist of a combination of large, little and medium renters.

Rental rates and leasing terms.

Lease rates vary from $8 - $12/sf customized gross, with yearly inflation adjusted boosts. Leasing terms range from 1-- 15 years, sub-division from 300-- 50,136 sf, and possession in the fall of 2014.
Single office renters will be charged a flat, gross rent beginning at $500/mn that includes all utilities, a workplace with locking door, and access to building amenities including conference/break spaces, shared bath, copy space, etc

. Larger tenants will certainly have customized gross rents with renters paying all expenses other than taxes, insurance and maintenance. Extensive features are readily available for bigger tenants and will certainly be gone over in person.

The inclusion of furniture/office equipment for any size tenant is negotiable and will be figured out on a case-by-case basis.

Load factor is roughly 12 % however will certainly differ based upon use of area. CAM will certainly be divided pro rata between all occupants based upon square video footage.

Contact.

Extremely motivated management-- please bring all offers. This is a terrific opportunity numerous various sorts of renters-- creative use and flex-space likewise readily available. For more details, home trips, or concerns, please contact Paul at.
program contact details.

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