On average, listings lease in the $20's per square foot per year. The Madison submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 33% rise in rent.
In the last 90 days, 165 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the listings in the Madison are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,670 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 2005 and are Class B.
Real time and historical data on commercial real estate listings in Madison.
Get email notifications when new listings are posted that match your requirements.