Madison Office Space

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Madison

Office Space Market Report

Number of Listings (last 90 days)
61
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,700
As of: December 4, 2016

Madison Rates

Most listings are in the $20's per square foot per year. The Madison region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Madison Listing Supply

In the last 90 days, 62 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Madison are subleases, so you will probably have to focus your search on direct office leases. 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 1,660 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1989 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