Madison Office Space

Madison

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
6,550
As of: July 21, 2017

Madison Rates

Most listings are in the $30's per square foot per year. The Madison region is experiencing a a rise in rates. In the last 3 months, the median rate went up $14 per sqft per year. That's a 71% increase in rent.

Madison Listing Supply

In the last 90 days, 11 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 64% of the listings in the Madison are subleases, so you might be able to find a shorter term or below market rent. 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 1,200 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 2005 and are Class B.

Madison Community

Market Report

Trends and status of the commercial real estate market in Madison.
Market Report

Market Data

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

Limestone County Submarkets