Skip to main content

Shopping Strip

Oakbridge Center

7940 Tree Ln, Madison, WI 53717

Listing Price: $9,500,000

Cap Rate
7.25%
Gross SF
54,364
Rentable SF
54,364
Price/Gross SF
$174.75
Lot Size
4.31 acres
Year Built
1988

Investment Overview

Marcus & Millichap is pleased to present the Oakbridge Center. This center is 100 percent occupied with all triple net leases and is in a busy retail corridor on the west side of Madison. Brothers Main and Rocky Rococo occupy 45.9 percent of the building and recently signed 10 year extensions.

Investment Highlights

  • 100 Percent Occupied with All Triple Net Leases and a WALT of Over Six Years
  • Brothers Main and Rocky Rococo Occupy 45.9 Percent of the Building and Recently Signed 10 Year Extensions
  • 68.8 Percent of the Rent Roll has Occupied Since 2011 or Earlier
  • Approximately $300,000 in CapEx Done Since 2020
  • Strong Demographics: Over 157K Residents in Five Miles with Average Household Income of $117K

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

Shopping Strip

Oakbridge Center

Listing Price: $9,500,000

Cap Rate
7.25%
Gross SF
54,364
Rentable SF
54,364
Price/Gross SF
$174.75
Lot Size
4.31 acres
Year Built
1988

Investment Highlights

  • 100 Percent Occupied with All Triple Net Leases and a WALT of Over Six Years
  • Brothers Main and Rocky Rococo Occupy 45.9 Percent of the Building and Recently Signed 10 Year Extensions
  • 68.8 Percent of the Rent Roll has Occupied Since 2011 or Earlier
  • Approximately $300,000 in CapEx Done Since 2020
  • Strong Demographics: Over 157K Residents in Five Miles with Average Household Income of $117K

Investment Overview

Marcus & Millichap is pleased to present the Oakbridge Center. This center is 100 percent occupied with all triple net leases and is in a busy retail corridor on the west side of Madison. Brothers Main and Rocky Rococo occupy 45.9 percent of the building and recently signed 10 year extensions.

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

MM Texture Background
MM Textured Background Lower