Downtown Madison Sublease

Downtown Madison

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
250
As of: December 7, 2016

Downtown Madison Rates

On average, listings lease in the $40's per square foot per year. The Downtown Madison submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 39% increase in rent.

Downtown Madison Listing Supply

In the last 90 days, 3 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 250 sqft. Most properties in this area are close to 3 stories. Most buildings in this area were built in 1963 and are Class A.

Downtown Madison Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Madison occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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