Madison Retail

Madison

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,940
As of: December 4, 2016

Madison Rates

Most listings are in the $20's per square foot per year. The Madison region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.

Madison Listing Supply

In the last 90 days, 25 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available leases in the Madison are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,940 sqft. Most properties in this region are approximately 1 stories. Most buildings in this area 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