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6617 Odana Rd
9,687 SF of Retail Space Available in Madison, WI 53719
Highlights
- Next to W Beltline Highway.
- Highway signage and visibility.
- Over 140 parking spaces available onsite.
- Turn-Key restaurant and bar space available!
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 9,687 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $154,992 /YR $12,916 /MO | Triple Net (NNN) |
1st Floor
For the longest time it was known as the Radisson and Twist Bar & Grill, and now under new ownership, the Radisson hotel is being transformed into micro apartments, and what was the Twist is now for lease and ready for a new concept and chapter. A TURN-KEY restaurant and bar awaits a new operator who is ready to take advantage of existing FF&E, massive kitchen (two massive hoods and walk-in coolers), curved bar, and a large pool of residents next door. Bring your ideas to the west side of Madison, minutes away from CBL's West Towne Mall, numerous retail and office buildings, and many rooftops. Owners are open to non-restaurant concepts as well.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Kitchen
- Freezer Space
- Beltline Signage Available. Highway Visibility.
- Next To the Gammon Road Exit.
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 6617 Odana Rd , Madison, WI 53719
Property Type | Retail | Year Built | 1982 |
Gross Leasable Area | 48,127 SF | Parking Ratio | 3.05/1,000 SF |
Property Type | Retail |
Gross Leasable Area | 48,127 SF |
Year Built | 1982 |
Parking Ratio | 3.05/1,000 SF |
About the Property
Previously the Radisson Hotel, is now being transformed into Micro Apartments featuring a 9,275 SF retail space. Minutes from CBL's West Towne Mall, next to W Beltline Highway, and near multiple offices and retail alreas.
Nearby Major Retailers
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6617 Odana Rd
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