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University Square 703 University Ave
2,405 - 4,905 SF of 4-Star Space Available in Madison, WI 53715
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 781 | 2,405 SF | 10’ - 18’ | 1-10 Years | $32.00 /SF/YR $2.67 /SF/MO $344.45 /m²/YR $28.70 /m²/MO $6,413 /MO $76,960 /YR | Triple Net (NNN) | |
| 2nd Floor, Ste 773 | 2,500 SF | 10’ - 18’ | 1-10 Years | $32.00 /SF/YR $2.67 /SF/MO $344.45 /m²/YR $28.70 /m²/MO $6,667 /MO $80,000 /YR | Triple Net (NNN) |
1st Floor, Ste 781
Great Space available on UW Madison Campus.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- 2 Loading Docks
- Finished Ceilings: 10’ - 18’
2nd Floor, Ste 773
This space was previously used as retails space and can be converted to office space as well. Lease term is negotiable with a minimum of 5 years.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 7 - 20 People
- Finished Ceilings: 10’ - 18’
- Central Air and Heating
- Reception Area
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Natural Light
- After Hours HVAC Available
- Bicycle Storage
- Shower Facilities
- Atrium
- Basement
- Food Service
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.
SITE PLAN
SELECT TENANTS AT University Square
- Tenant
- Description
- US Locations
- Reach
- Anytime Fitness
- Fitness
- 3,232
- International
- Buffalo Wild Wings
- Restaurant
- 1,680
- International
- Fresh Madison Market
- Supermarket
- 1
- Local
- U.S. Bank
- Bank
- 4,593
- National
- University Of Wisconsin-Madison Bursar's Office
- Other Services
- 2
- Local
- Walgreens
- Drug Store
- 10,399
- International
| Tenant | Description | US Locations | Reach |
| Anytime Fitness | Fitness | 3,232 | International |
| Buffalo Wild Wings | Restaurant | 1,680 | International |
| Fresh Madison Market | Supermarket | 1 | Local |
| U.S. Bank | Bank | 4,593 | National |
| University Of Wisconsin-Madison Bursar's Office | Other Services | 2 | Local |
| Walgreens | Drug Store | 10,399 | International |
PROPERTY FACTS FOR 703 University Ave , Madison, WI 53715
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Freestanding | Parking Ratio | 2.16/1,000 SF |
| Gross Leasable Area | 125,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 125,000 SF |
| Year Built | 2008 |
| Parking Ratio | 2.16/1,000 SF |
About the Property
University Square is a redevelopment of approximately 3.4 acres of land that was the former home of a single level, 60,000 square foot retail center called University Square, a surface parking lot, and vacant land. The 12 story, 1.1 million square foot University Square development includes retail space, apartments, university offices, parking and the largest roof garden ever constructed in Madison. It is the largest mixed use development to ever be constructed in Madison. The synergy created from these components makes University Square a truly unique addition to downtown Madison and undoubtedly centralizes numerous aspects of downtown living. Located just blocks away from the state’s government, Kohl Center, University of Wisconsin, State Street, cultural and education centers, University Square has an extremely dense and diverse consumer market. In this pedestrian friendly city, University Square developed by Executive Management, Inc is adjacent to the East Campus Mall and is within walking distance for downtown workers, residents, area visitors, faculty and students. More than 68,000 professionals work within one mile of the project, providing a strong daytime population. Nearly 1 million individuals annually attend events at the Kohl Center sports and entertainment arena just two blocks away. More than 36,000 people live within one mile of the project – 64% of whom are age 21 and over. More than 1,200 hotel rooms are close to the project, including the Fluno Center for executive development right next door. The nearby Overture Center hosts nearly 80 shows annually and hundreds of performing arts shows, fine art exhibitions and other special events 363 days a year. The University of Wisconsin-Madison has more than 42,000 students and more than 18,000 faculty and staff. More than 70,000 cars mass the site daily
- 24 Hour Access
- Banking
- Bus Line
- Courtyard
- Property Manager on Site
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Enclosed Mall
- Air Conditioning
Nearby Major Retailers
-
Jason Rice -
Executive Management, Inc
Presented by
University Square | 703 University Ave
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