Lee & Associates is pleased to exclusively offer for sale Highland Gates, a 100% leased, 39,945-square-foot neighborhood shopping center located at 700 S. Gammon Road in Madison, Wisconsin. Situated on approximately 3.36 acres, the property features 13 retail, restaurant, service, health and recreation tenants, including Wingstop, Little Caesars, Subway, X-Golf, Jackson Hewitt, Prime Health Dental, Pancake Cafe and Get It Now. The property has also received significant recent capital improvements, including a new roofing system in 2021, parking lot improvements in 2023 and replacement of approximately 75% of the center's concrete in 2025.

Highland Gates occupies a prominent signalized hard-corner location at S. Gammon Road and Watts Road, with approximately 17,800 vehicles passing the intersection daily. The center is shadow-anchored by a high-performing Woodman's Market, identified in the offering memorandum as the nation's most visited Woodman's location with approximately $144 million in annual sales, and is positioned near West Towne Mall, identified as the most visited regional mall in Wisconsin. The surrounding trade area includes approximately 94,883 residents within three miles and 182,244 residents within five miles, with average household incomes of approximately $132,609 and $144,239, respectively. Five-mile consumer expenditures are estimated at approximately $8.62 billion, supporting a strong environment for neighborhood retail, restaurant and service uses.

Located in Madison, Highland Gates benefits from its position within a roughly 709,700-person metropolitan market anchored by Wisconsin's state capital, the University of Wisconsin-Madison and a diversified employment base spanning government, education, healthcare, finance and technology. The property is approximately four minutes from U.S. Highway 14, which carries approximately 57,208 vehicles per day, and provides convenient access to the University of Wisconsin-Madison, downtown Madison and Dane County Regional Airport. This combination of full occupancy, diversified tenancy, strong surrounding demographics, established retail traffic generators and strategic access to Madison's major employment and institutional destinations positions Highland Gates as a well-located neighborhood retail investment in the West Madison submarket.