Madison Retail Space

Madison

Market Report

Number of Listings
Posted in the last 90 days
21
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,070

Madison Rates

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.

Madison Listing Supply

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.

Madison Community

Market Data

Real time and historical data on commercial real estate listings in Madison.
Research