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296 Commercial Real Estate Listings in Madison, WI

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Madison, WI Commercial Real Estate

There are currently 297 commercial listings available in Madison, WI. These listings include 272 commercial spaces that encompass a total of 2,677,069 square feet. Available commercial spaces in Madison, WI range in size from 100 square feet to 393,346 square feet. A total of 98 off-market commercial properties located in Madison, WI are also available for research.

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Madison, WI Commercial Inventory Breakdown

In 2022 the Madison, WI commercial real estate market totaled 2,003,307 square feet of office spaces, 2,987,980 square feet of office spaces with retail, and 3,180,417 square feet of industrial space.

Office Spaces

Total: 2,003,307 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 366,851 SqFt 18.31% of total office
100k to 500k SqFt 1,636,456 SqFt 81.69% of total office
By class:
Class A 453,756 SqFt 22.65% of total office
Class B 269,191 SqFt 13.44% of total office
Class C 59,360 SqFt 2.96% of total office


Class A office space holds a 22.65% share of the overall Madison, WI office market, while Class B office assets make up approximately 13.44%.

Industrial

Total: 3,180,417 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 587,394 SqFt 18.47% of total industrial
100k to 500k SqFt 2,593,023 SqFt 81.53% of total industrial
By class:
Class A 1,730,405 SqFt 54.41% of total industrial
Class B 914,334 SqFt 28.75% of total industrial
Class C 104,883 SqFt 3.3% of total industrial
There are 2,593,023 square feet of commercial real estate properties between 100k to 500k square feet, representing 81.53% of the Madison, WI industrial inventory. Class A assets total 1,730,405 square feet of industrial space, with an additional 914,334 square feet of Class B and 104,883 square feet of Class C properties.

Office Spaces with Retail

Total: 2,987,980 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 793,100 SqFt 26.54% of total office with retail
100k to 500k SqFt 1,629,090 SqFt 54.52% of total office with retail
500k to 1M SqFt 565,790 SqFt 18.94% of total office with retail

Madison, WI Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Madison, WI Office 88 933,222
Madison, WI Retail 62 439,067
Madison, WI Industrial 25 1,178,081
Madison, WI Other 199 2,677,069
Ofice Icon

88

Office

Industrial Icon

25

Industrial

Retail Icon

62

Retail

Current local active listing encompass 5,227,439 square feet of commercial space for lease in Madison. There are 88 active office listings, which amount to 933,222 square feet and account for 23% of commercial spaces on the market. Local retail availability includes 439,067 square feet across 62 listings. Current industrial offerings on the market amount to 1,178,081 square feet across a total of 25.

Employment in Madison, WI

Employed Population 159,209

Employed population - Industry % Distribution

Management, business, science, and arts occupations

56%

Service occupations

17%

Sales and office occupations

15%

Production, transportation, and material moving occupations

8%

Natural resources, construction, and maintenance occupations

3%

In 2020, roughly 56% of a total of 159,209 employed in Madison worked in Management, business, science, and arts occupations, followed by 17% in Service occupations and 15% in Sales and office occupations.

Income per capita $40,834  Median household income $66,847

Household income

37%

Under $50k

31%

$50k - $100k

25%

$100k - $200k

7%

Over $200k

The median household income in Madison stands at $66,847, with per capita income at $40,834. Households earning between $50k and $100k represent 31% of the total, while those earning over $200k make up 7%. Approximately 37% of Madison households earn less than $50k per year.

Commuting in Madison, WI

Mean travel time to work 20 minutes

Means of transportation to work

63.70%

Driving alone

5.70%

Carpool

9.50%

Public transit

3.90%

Bicycle

10.10%

Walking

1.40%

Other

5.70%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Madison in 2020 was 20 minutes. Around 63.70% of workers commute by Driving alone, 10.10% Walking and 9.50% by Public transit.

Education in Madison, WI

High school grad or higher 96%

Bachelor's degree or higher 58%

Population by minimum level of education

4%

No degree

14%

High school

24%

Some College

32%

Bachelor's

26%

Post-grad

*Universe: Workers 25 and over

An estimated 96% of Madison residents aged 25 or over hold a high school degree or higher. Of those, 14% are high school graduates, 24% attended some college, 32% earned a bachelor's degree, with an additional 26% holding post-graduate degrees.

Madison, WI Demographics

As of 2020, Madison had a total population of 259,673, with a median age of 31.70 years. Roughly 75.60% of the total population was between the ages of 16 and 64 years old.