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502-518 River Pl
1,231 - 14,022 SF of Retail Space Available in Madison, WI 53716
Highlights
- Daily Beltline Traffic Counts of 117,300 VPD.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 516 | 1,253-4,674 SF | 3 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $7,011 /MO $84,132 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 518 | 1,231-4,674 SF | 3 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $7,011 /MO $84,132 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 520 | 2,190-4,674 SF | 3 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $7,011 /MO $84,132 /YR | Triple Net (NNN) |
502-518 River Pl - 1st Floor - Ste 516
- Lease rate does not include utilities, property expenses or building services
502-518 River Pl - 1st Floor - Ste 518
- Lease rate does not include utilities, property expenses or building services
502-518 River Pl - 1st Floor - Ste 520
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 502-518 River Pl , Madison, WI 53716
| Min. Divisible | 1,231 SF | Gross Leasable Area | 14,520 SF |
| Center Type | Strip Center | Total Land Area | 1.42 AC |
| Parking | 153 Spaces | Year Built | 2000 |
| Center Properties | 1 |
| Min. Divisible | 1,231 SF |
| Center Type | Strip Center |
| Parking | 153 Spaces |
| Center Properties | 1 |
| Gross Leasable Area | 14,520 SF |
| Total Land Area | 1.42 AC |
| Year Built | 2000 |
About the Property
Convenient central location to serve customers and clients from any location! High visibility building signage, ample parking and easy access to the beltline and interstate!
- Freeway Visibility
- Signage
- Waterfront
-
Jen Heller -
DSI Real Estate Group
Learn More About Leasing Retail Properties
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502-518 River Pl
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