The typical asking rate per listing is in the $20's per square foot per year. The Madison submarket is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase 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 10% of the available leases in the Madison are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,100 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1988 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.