Madison Office Space

Madison

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
36,000
As of: January 18, 2017

Madison Rates

On average, listings lease in the $20's per square foot per year. The Madison submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 19% decline in rent.

Madison Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Madison are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 36,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built in 0 and are Class Class A.

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

Madison Submarkets