Overview

Listing ID:#20187082

Building SF:154,496

Parcel Size:12.58 Acres

Price:$17,350,000

Building PSF:$112.30

Property Type:Office

Date Available:Now

2 Class-A Office Buildings in The American Center

CBRE is pleased to present the opportunity to purchase two impeccably maintained office buildings located at 4600 American Pkwy & 5133 W Terrace Dr in Madison Wisconsin. The offering provides an investor the value-add opportunity to further increase occupancy and drive rents, while maintaining a diverse and loyal base of existing tenants. The buildings are just one-block apart -- making it convenient to manage and maintain. Each building boasts impressive lobbies with modern finishes, ample on-site parking, fitness center, conference center, mature landscaping and walking trails within the American Business Park. This is a rare chance to acquire two cash-generating office buildings with value-add potential at an attractive discount to replacement cost.

Financial Information

Cap Rate:7.30%

Percent Leased:78%

Building Details

Building Type:Multi-Tenant

Building Status:Existing

Year Built:1994

Current Use:Office

Hwy Exposure:Yes

Building Amenities

Break Room:Yes

Lounge:Yes

Conference Room:Yes

Number of Seats:50

Elevator:Yes

Exercise Room:Yes

Contact Listing Agent

Brian Wolff

608-441-7572
608-513-9653

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