Most listings are in the $20's per square foot per year. The Madison submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
In the last 90 days, 1399 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the available space 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,100 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1989 and are Class B.
Real time and historical data on commercial real estate listings in Madison.
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