Madison, MS Commercial Real Estate for Lease and Sale
Explore 54 listing(s) of commercial real estate in Madison, MS to find the best space for your business.
Frequently Asked Questions
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Here is a rundown of the primary commercial real estate property types currently available in Madison:
- Office Space: The market includes 388,751 square feet of office spaces in addition to 15 coworking locations.
- Retail Space: Between malls, restaurants and stores, Madison is home to 252,765 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 340,547 square feet of available space in Madison.
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The average rent for commercial real estate in Madison is $27.56 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Madison costs $20, while the city’s premium locations ask up to $35.
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Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 16,758 square feet.
- Class B properties are sized 144,103 square feet, on average.
- Class C properties span an average of 3,771 square feet.
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CommercialCafe’s CRE offering in Madison is enabled by a network of 25 active brokers from 21 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.
To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
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The average size of a commercial property here stands at 77,172. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Madison:
Office properties:- Average size: 48,594 square feet.
- Largest property: Sorrento I & Sorrento II (145,600 square feet).
- Average size: 25,277 square feet.
- Largest property: Space Available (5,278 square feet).
- Average size: 56,758 square feet.
Madison, MS Commercial Space Listings
Commercial Space for Lease - Breakdown
The 26 listings for commercial real estate currently available for rent in Madison add up to 368,633 square feet across various property types. Here's a breakdown of the available space by category:| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 10 | 195,493 |
| Retail | 9 | 21,163 |
| Industrial | 5 | 74,805 |
| Other | 2 | 77,172 |
Office properties:
- The market has 10 active office listings, encompassing 195,493 square feet.
- Madison office spaces currently listed on CommercialCafe represent 38% of the total commercial real estate market in Madison, compared to an average of 40% across all markets tracked by CommercialCafe.
Retail Space:
- There are 9 retail listings available, adding up to a total of 21,163 square feet.
- Retail spaces account for approximately 34% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.
Industrial Space:
- The industrial market in Madison offers 5 listings, amounting to 74,805 available square feet.
- Industrial spaces, including warehouses and manufacturing sites, make up about 19% of the total commercial space available in the market, compared to a nationwide average of 24%.
Commercial Space for Sale - Breakdown
There are currently 35 properties listed for sale in the Madison market, adding up to 448,625 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:- 1 office properties
- 2 retail properties
- 1 industrial properties
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 1 | 144,103 |
| Retail | 2 | 16,312 |
| Industrial | 1 | 59,473 |
| Other | 31 | 228,737 |
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