Business or Development Site

5632 Odana Rd Madison, WI 53719

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FOR SALE FOR LEASE Incentives
Property Type:
Big Box Retail
Amount:
$410,000
Last Verified:
Mar 29, 2017


On Odana Rd, near the corner of Medical Circle, between the UW Health Odana Atrium Family Medicine Clinic and Smart Motors
0.51 Acre Parcel with Existing 1,496 SF Building
Frontage on Odana Rd with Lighted building & monument signage
Currently 13 parking spaces (room to expand)
2 Service bays & 324 SF Service pit in basement
Also for lease
Year Built: 1985
Building Size: 1496.0sq ft
Lot Size: 0.51 acres

Units for Lease

5632 Odana Rd
Lease Type: NNN
Price Per Sqft/Year: $30.48

Map of 5632 Odana Rd, Madison, WI, 53719

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.