Madison, WI Commercial Real Estate for Lease - 180 Listings

515 & 525 Junction Road

525 Junction Road, Junction Ridge, Madison, WI
Property

Office

378,768 SF
Availability

13 Spaces

110,476 SF
Year Built

2001
For Lease Contact for pricing
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Nelson Road Business Center

4001 Felland Road, High Crossing, Madison, WI
Property

Office

143,700 SF
Availability

3 Spaces

13,674 SF
Year Built

2005
For Lease Contact for pricing
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Woods End Corporate Park - 25 Kessel Court

25 Kessel Court, Greentree, Madison, WI
Property

Office

25,918 SF
Availability

2 Spaces

3,892 SF
Year Built

1990
For Lease

$17.50/SF/YR
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1 Dempsey Road (Suite 4)

1 Dempsey Road (Suite 4), Eastmorland, Madison, WI
Property

Retail

1,121 SF
Availability

1 Space

1,121 SF
For Lease

$14.00/SF/YR
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Madison Arboretum Office Evolution
Office Evolution
2921 Landmark Place Suite 215, Madison, WI
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

High-speed wifi
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3113 West Beltline Hwy

3113 West Beltline Hwy, Arbor Hills, Madison, WI
Property

Office

39,040 SF
Availability

3 Spaces

17,216 SF
Year Built

1970
For Lease

$21.50/SF/YR
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Old Sauk Trails Park - 8017-8025 Excelsior Drive

8017 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

37,482 SF
Availability

2 Spaces

3,768 SF
Year Built

1988
For Lease Contact for pricing
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American Center Business Park - 5133 West Terrace Drive

5133 West Terrace Drive, North - East Park, Madison, WI
Property

Office

81,593 SF
Availability

2 Spaces

33,581 SF
Year Built

1998
For Lease

$13.50 - $14.63/SF/YR
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5202 Eastpark Blvd

5202 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

30,525 SF
Availability

1 Space

2,715 SF
Year Built

2007
For Lease Contact for pricing
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Pier 37

6500 Monona Drive, Monona, WI
Property

Retail

117,078 SF
Availability

1 Space

1,600 SF
For Lease Contact for pricing
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4602 South Biltmore Lane

4602 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

41,260 SF
Availability

2 Spaces

11,727 SF
Year Built

2007
For Lease Contact for pricing
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Old Sauk Trails Park - 8000 Excelsior Drive

8000 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

54,111 SF
Availability

4 Spaces

11,056 SF
Year Built

1988
For Lease Contact for pricing
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Madison East Business Center - 4602 & 4610 South Biltmore Lane

4602 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

41,260 SF
Availability

6 Spaces

20,476 SF
Year Built

2007
For Lease Contact for pricing
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Amazing And Unique Downtown Office Suite

106 E. Doty St. , Capitol, Madison, WI
Property

Office

12,000 SF
Availability

1 Space

1,220 SF
For Lease

$22.75/SF/YR
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Old Sauk Trails Park - 1242 Fourier Drive

1242 Fourier Drive, Wexford Village, Madison, WI
Property

Office

26,000 SF
Availability

1 Space

12,215 SF
Year Built

2012
For Lease

$22.00 - $24.00/SF/YR
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Hoepker Corporate Center

6608 Ronald Reagan Avenue, Westchester Gardens - Norman Acres, Madison, WI
Property

Office

138,756 SF
Availability

5 Spaces

21,674 SF
Year Built

2019
For Lease Contact for pricing
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University Research Park - 401 Charmany Drive

401 Charmany Drive, Oakwood Village, Madison, WI
Property

Office

90,000 SF
Availability

3 Spaces

21,752 SF
Year Built

2000
For Lease

$11.75 - $15.50/SF/YR
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23-25 West Main Street

25 West Main Street, Capitol, Madison, WI
Property

Office

203,000 SF
Availability

1 Space

20,219 SF
Year Built

1963
For Lease Contact for pricing
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6501 Watts Road

6501 Watts Road, Greentree, Madison, WI
Property

Office

62,786 SF
Availability

7 Spaces

8,039 SF
Year Built

1987
For Lease

$15.00 - $18.00/SF/YR
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East Towne Retail Space

4261 Lien Rd, Mayfair Park, Madison, WI
Property

Other
Availability

1 Space

1,573 SF
For Lease Contact for pricing
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Single to Multiple Office Suites

6300 Enterprise Ln, Oakwood Village, Madison, WI
Property

Office

39,891 SF
Availability

2 Spaces

300 SF
For Lease

$290.00 - $400.00/MO
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David's Bridal - Prairie Towne Center

8118 Mineral Point Rd, Junction Ridge, Madison, WI
Property

Retail

13,200 SF
Availability

1 Space

10,000 SF
Year Built

2000
For Lease Contact for pricing
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Old Sauk Trails Park - 8030 Excelsior Drive

8030 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

35,000 SF
Availability

4 Spaces

6,810 SF
Year Built

1991
For Lease Contact for pricing
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Old Sauk Trails Park - 8020 Excelsior Drive

8020 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

74,954 SF
Availability

1 Space

12,800 SF
Year Built

2001
For Lease Contact for pricing
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Office | Biotech Space

1210 Fourier Dr, Wexford Village, Madison, WI
Property

Office
Availability

1 Space

27,910 SF
Year Built

1995
For Lease Contact for pricing
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MetaStar Headquarters

2909 Landmark Place, Arbor Hills, Madison, WI
Property

Office

50,000 SF
Availability

4 Spaces

6,853 SF
Year Built

1991
For Lease

$20.75/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Madison commercial real estate market incorporates 5,412,282 square feet of office space across 137 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Madison, the coworking segment of the commercial real estate market incorporates about 839 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Madison commercial real estate market includes 993,676 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Madison market, there is a total of 1,411,553 square feet of industrial property.

The listing inventory in Madison incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Madison is represented by Office space, which accounts for 1,689,517 square feet of available listings. Industrial space available in Madison adds up to 620,331 square feet.

Meanwhile, most of the listings of commercial property for sale in Madison are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Madison is $16.69 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Madison can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $23.5 per square foot, industrial space in Madison saw average rents of $8.25 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Madison, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Madison is in the Capitol neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Wexford Village area.

Meanwhile, retail space opportunities are most abundant in the Mayfair Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in East Buckeye.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

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 — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $34 per square foot. In particular, the property type commanding the highest lease rates in Madison was Retail space.

Conversely, the highest sale price last year was $2,970,000, which was paid for the Office property that is located at 5303 Fen Oak Drive. The property was built in 2001, incorporates 33,495 square feet, and is rated Class B.

The average size of a commercial property in Madison depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Madison, the average size of an office property is 53,587 square feet.
Retail properties here incorporate an average of 24,236 square feet.
Industrial space in Madison is in buildings that are, on average 48,675 square feet in size.

Madison, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Madison currently add up to 3,445,974 square feet. The market offers 123 active office listing(s), which amount to 1,704,355 square feet and account for 68% of commercial spaces on the market. Local retail availability includes 152,151 square feet across 34 retail space(s). Industrial space for rent opportunities in Madison amount to 612,331 square feet across a total of 19 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	123	1,704,355
Retail	34	152,151
Industrial	19	612,331
Other	4	977,137

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Madison, WI. Currently, there is 1,171,905 square feet of commercial property for sale here , which includes 10 office building(s) for sale , 8 retail investment opportunity listing(s) , and 8 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	10	300,724
Retail	8	63,305
Industrial	8	505,754
Other	26	302,122

Madison, WI Commercial Real Estate for Lease - 180 Listings

515 & 525 Junction Road

Nelson Road Business Center

Woods End Corporate Park - 25 Kessel Court

1 Dempsey Road (Suite 4)

Madison Arboretum Office Evolution

3113 West Beltline Hwy

Old Sauk Trails Park - 8017-8025 Excelsior Drive

American Center Business Park - 5133 West Terrace Drive

5202 Eastpark Blvd

Pier 37

4602 South Biltmore Lane

Old Sauk Trails Park - 8000 Excelsior Drive

Madison East Business Center - 4602 & 4610 South Biltmore Lane

Amazing And Unique Downtown Office Suite

Old Sauk Trails Park - 1242 Fourier Drive

Hoepker Corporate Center

University Research Park - 401 Charmany Drive

23-25 West Main Street

6501 Watts Road

East Towne Retail Space

Single to Multiple Office Suites

David's Bridal - Prairie Towne Center

Old Sauk Trails Park - 8030 Excelsior Drive

Old Sauk Trails Park - 8020 Excelsior Drive

Office | Biotech Space

MetaStar Headquarters

Frequently Asked Questions

Madison, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Madison, WI Commercial Real Estate for Lease - 180 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Madison, WI?

What factors affect the price of commercial real estate in Madison, WI?

What is the average rent for commercial space in Madison, WI?

What are the best areas for commercial real estate in Madison, WI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Madison, WI?

Madison, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

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Popular Retail Searches

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About us