Madison, WI Commercial Real Estate for Lease - 184 Listings

Old Sauk Trails Park - Deming Plaza

918 Deming Way, Wexford Village, Madison, WI
Property

Office

50,379 SF
Availability

1 Space

7,675 SF
Year Built

2000
For Lease Contact for pricing
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University Research Park - Park West I

406 Science Drive, Midvale Heights, Madison, WI
Property

Office

56,092 SF
Availability

2 Spaces

8,012 SF
Year Built

1989
For Lease

$15.50/SF/YR
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4610 South Biltmore Lane

4610 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

41,260 SF
Availability

3 Spaces

7,381 SF
Year Built

2007
For Lease Contact for pricing
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2701 International Lane

2701 International Lane, Berkley Oaks - Majestic Oaks, Madison, WI
Property

Office

33,960 SF
Availability

2 Spaces

8,122 SF
Year Built

1986
For Lease

$15.00/SF/YR
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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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Novation Campus - Summit Credit Union Building

2424 Rimrock Road, Indian Springs, Madison, WI
Property

Office

42,660 SF
Availability

3 Spaces

5,556 SF
Year Built

2008
For Lease

$22.00/SF/YR
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Old Sauk Trails Park - 1289 Deming Way

1289 Deming Way, Wexford Village, Madison, WI
Property

Office

33,900 SF
Availability

2 Spaces

32,929 SF
Year Built

2001
For Lease Contact for pricing
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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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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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TDS Professional Building

3330 University Avenue, Shorewood Hills, Madison, WI
Property

Office

45,000 SF
Availability

1 Space

518 SF
Year Built

1993
For Lease

$900.00/MO
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Class A Office Space | Beltline Visibility

34 Schroeder Ct, Greentree, Madison, WI
Property

Office

53,000 SF
Availability

1 Space

10,277 SF
Year Built

2008
For Lease

$21.00/SF/YR
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The American Center Business Park - 5201 East Terrace Drive

5201 East Terrace Drive, North - East Park, Madison, WI
Property

Office

44,709 SF
Availability

1 Space

2,952 SF
Year Built

2009
For Lease

$14.50/SF/YR
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Taproom/Cafe/Bar Space For Lease

1817 E Washington Ave, Marquette, Madison, WI
Property

Retail
Availability

1 Space

1,315 SF
Year Built

2018
For Lease Contact for pricing
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Must See 1,564 SF - 4142 SF Downtown Madison Office

121 S Pinckney St, Capitol, Madison, WI
Property

Office

21,000 SF
Availability

2 Spaces

5,706 SF
Year Built

1912
For Lease

$20.00/SF/YR
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Olin Center

210 East Olin Avenue, Capitol View Heights, Madison, WI
Property

Office

49,052 SF
Availability

1 Space

11,313 SF
Year Built

1968
For Lease

$12.00/SF/YR
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Retail Space Under RI Apartments

6518 Milwaukee St, McClellan Park, Madison, WI
Property

Retail
Availability

1 Space

8,766 SF
For Lease Contact for pricing
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Lake City Plaza

4124 E. Washington Avenue, Westchester Gardens - Norman Acres, Madison, WI
Property

Retail

13,000 SF
Availability

1 Space

3,705 SF
For Lease Contact for pricing
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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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Washington Square - 1400 East Washington Avenue

1400 East Washington Avenue, Tenney - Lapham, Madison, WI
Property

Office

158,078 SF
Availability

10 Spaces

77,289 SF
Year Built

1971
For Lease

$14.95 - $24.50/SF/YR
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University Place Office Space

5005 University, Spring Harbor, Madison, WI
Property

Office

26,600 SF
Availability

2 Spaces

7,310 SF
For Lease

$14.00/SF/YR
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High Crossing Office Park - 5315 Wall Street

5315 Wall Street, High Crossing, Madison, WI
Property

Office

36,505 SF
Availability

3 Spaces

6,550 SF
Year Built

1994
For Lease

$13.00/SF/YR
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The American Center Business Park - The 5100 Building

5100 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

57,402 SF
Availability

1 Space

8,434 SF
Year Built

2003
For Lease

$14.00/SF/YR
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The American Center Business Park - 4901 Eastpark Blvd

4901 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

31,460 SF
Availability

1 Space

13,961 SF
Year Built

2009
For Lease

$12.00/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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Retail Space For Lease at Bakers Place

849 E Washington Ave, Marquette, Madison, WI
Property

Retail
Availability

1 Space

3,026 SF
For Lease Contact for pricing
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Madison East Business Center - 4618 South Biltmore Lane

Madison East Business Center - 4618 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

39,290 SF
Availability

1 Space

9,503 SF
Year Built

2015
For Lease Contact for pricing
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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 3,480,012 square feet. The market offers 122 active office listing(s), which amount to 1,689,517 square feet and account for 65% of commercial spaces on the market. Local retail availability includes 193,027 square feet across 40 retail space(s). Industrial space for rent opportunities in Madison amount to 620,331 square feet across a total of 21 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	122	1,689,517
Retail	40	193,027
Industrial	21	620,331
Other	3	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 1,269,710 square feet of commercial property for sale here , which includes 14 office building(s) for sale , 6 retail investment opportunity listing(s) , and 9 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	14	376,181
Retail	6	66,648
Industrial	9	525,991
Other	26	300,890

Madison, WI Commercial Real Estate for Lease - 184 Listings

Old Sauk Trails Park - Deming Plaza

University Research Park - Park West I

4610 South Biltmore Lane

2701 International Lane

American Center Business Park - 5133 West Terrace Drive

Novation Campus - Summit Credit Union Building

Old Sauk Trails Park - 1289 Deming Way

Old Sauk Trails Park - 1242 Fourier Drive

Madison Arboretum Office Evolution

TDS Professional Building

Class A Office Space | Beltline Visibility

The American Center Business Park - 5201 East Terrace Drive

Taproom/Cafe/Bar Space For Lease

Must See 1,564 SF - 4142 SF Downtown Madison Office

Olin Center

Retail Space Under RI Apartments

Lake City Plaza

Hoepker Corporate Center

Washington Square - 1400 East Washington Avenue

University Place Office Space

High Crossing Office Park - 5315 Wall Street

The American Center Business Park - The 5100 Building

The American Center Business Park - 4901 Eastpark Blvd

23-25 West Main Street

Retail Space For Lease at Bakers Place

Madison East Business Center - 4618 South Biltmore Lane

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 - 184 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

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us