Madison Office Space

Madison

Office Space Market Report

Number of Listings (last 90 days)
79
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,820
As of: January 22, 2017

Madison Rates

On average, listings lease in the $20's per square foot per year. The Madison region is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.

Madison Listing Supply

In the last 90 days, 79 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the listings 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 1,820 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1987 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