This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

114 S Main St
Verona, WI 53593

Goodwill · Retail Property For Sale

Investment Highlights

  • Affluent Madison, WI suburb
  • Spring 2020 renovation -- exterior facade and interior remodel
  • New 10-year lease w/minimal LL responsibilities (See page 7 for breakdown)
  • Extremely strong demographics -- over 31,000 residents and an average household income of $115,057 in a 3-mile radius

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
13,455 SF
Building Class
B
Year Built/Renovated
2000/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.62 AC
Zoning
Central Commercial
Parking
25 Spaces (1.86 Spaces per 1,000 SF Leased)

Amenities

  • Signage

About 114 S Main St , Verona, WI 53593

CAPITAL PACIFIC is pleased to present the opportunity to acquire Goodwill in Verona, WI (Madison MSA). The subject property is newly renovated and features a 10-year corporate net lease with rental increases in the base term and at each option period. The tenant, Goodwill Industries of South Central Wisconsin, Inc., is very selective in its locations -- it pays low rents and only opened 1 store every 4 years over the last half century of operating in Wisconsin. THE PROPERTY features substantial frontage along Main Street, which runs perpendicular to Verona Avenue, a major thoroughfare through Verona. The property benefits from daily traffic of nearly 24,000 VPD passing the store. Within the trade area there are a number of office & industrial parks that drive traffic to Verona. Most notably that of Epic Systems Corp, whose headquarters are situated on a 1,100 acre campus that encompasses 25 buildings and almost 10,000 employees.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0608-153-6137-2
Land Assessment
$305,300
Improvements Assessment
$2,157,600
Total Assessment
$2,462,900
  • Listing ID: 19236837

  • Date on Market: 4/15/2020

  • Last Updated:

  • Address: 114 S Main St, Verona, WI 53593

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}