Madison, WI Office Space for Rent

Search 264 office listings in Madison, WI and find helpful local stats in the Market Overview section below.

10 West Mifflin

10 West Mifflin Street, Capitol, Madison, WI
Property

Office

45,368 SF
Availability

5 Spaces

38,371 SF
Year Built

2004
For Lease

$25.95 - $29.95/SF/YR
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Old Sauk Trails Park - 8000 Excelsior Drive

8000 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

54,111 SF
Availability

4 Spaces

11,056 SF
Year Built

1988
For Lease Contact for pricing
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Park Bank Plaza
Regus
2810 Crossroads Dr #4000, Madison, WI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Novation Campus - Summit Credit Union Building

2424 Rimrock Road, Indian Springs, Madison, WI
Property

Office

42,660 SF
Availability

3 Spaces

5,664 SF
Year Built

2008
For Lease

$22.00/SF/YR
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Brand New Class A Medical/Office Building

220 W Broadway, Monona, WI
Property

Office
Availability

1 Space

4,670 SF
Year Built

2024
For Lease Contact for pricing
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4602 South Biltmore Lane

4602 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

41,260 SF
Availability

1 Space

10,850 SF
Year Built

2007
For Lease Contact for pricing
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High Crossing Office Park - 2810 Crossroads Drive

2810 Crossroads Drive, High Crossing, Madison, WI
Property

Office

70,000 SF
Availability

5 Spaces

11,208 SF
Year Built

1996
For Lease

$13.50/SF/YR
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Madison East Business Center - 5202 Eastpark Blvd

5202 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

30,525 SF
Availability

1 Space

2,715 SF
Year Built

2007
For Lease Contact for pricing
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Old Sauk Trails Park - 8030 Excelsior Drive

8030 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

35,000 SF
Availability

1 Space

861 SF
Year Built

1991
For Lease Contact for pricing
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The Constellation

10 North Livingston Street, Tenney - Lapham, Madison, WI
Property

Office

32,500 SF
Availability

1 Space

2,401 SF
Year Built

2013
For Lease

$18.00/SF/YR
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6501 Watts Road

6501 Watts Road, Greentree, Madison, WI
Property

Office

62,786 SF
Availability

7 Spaces

8,039 SF
Year Built

1987
For Lease

$15.00 - $18.00/SF/YR
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Multi-tenant Office Building For Lease

4710 E Broadway, Lost Creek, Madison, WI
Property

Office
Availability

1 Space

433 SF
For Lease Contact for pricing
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U.S. Cellular Building

5117 West Terrace Drive, North - East Park, Madison, WI
Property

Office

101,925 SF
Availability

3 Spaces

51,082 SF
Year Built

1996
For Lease

$14.50 - $15.50/SF/YR
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908 East Main Street

908 East Main Street, Marquette, Madison, WI
Property

Office

92,000 SF
Availability

2 Spaces

28,366 SF
Year Built

2022
For Lease

$23.00 - $24.00/SF/YR
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East Towne Office Center

1310 Mendota Street, Mayfair Park, Madison, WI
Property

Office

33,816 SF
Availability

1 Space

1,150 SF
Year Built

1978
For Lease

$13.00 - $14.00/SF/YR
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Madison East Business Center - 4602 & 4610 South Biltmore Lane

4602 South Biltmore Lane, North - East Park, Madison, WI
Property

Office

41,260 SF
Availability

6 Spaces

14,399 SF
Year Built

2007
For Lease Contact for pricing
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Madison Arboretum Office Evolution
Office Evolution
2921 Landmark Place Suite 215, Madison, WI
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

High-speed wifi

Receptionist/Secretarial services
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Woods End Corporate Park - 25 Kessel Court

25 Kessel Court, Greentree, Madison, WI
Property

Office

25,918 SF
Availability

1 Space

4,261 SF
Year Built

1990
For Lease

$17.50/SF/YR
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Old Sauk Trails Park - 1289 Deming Way

1289 Deming Way, Wexford Village, Madison, WI
Property

Office

33,900 SF
Availability

2 Spaces

32,929 SF
Year Built

2001
For Lease Contact for pricing
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The American Center Business Park - 4901 Eastpark Blvd

4901 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

31,460 SF
Availability

1 Space

13,961 SF
Year Built

2009
For Lease

$12.00/SF/YR
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Office Space Rents in Madison, WI

Asking prices for office space in Madison vary and are generally influenced by such factors as the property location, the building quality rating, and the proximity to amenities like restaurants, cafes, and entertainment venues, as well as how convenient access is to and from public transport, airports, and thoroughfares.

Most commonly, the cost in any location will first be influenced by the property class rating, which can be A, B, or C. For example, Madison space rated Class A averages $26.55 per square foot. Meanwhile, Class B space in Madison asks $22.12 per square foot, on average. At the same time, listings in Class C buildings are listed for an average of $12.00 per square foot.

Overall, the average rent for office space in Madison is $23.5 per square foot. The maximum rental rate among listings for lease in Madison is $31.95 per square foot. Meanwhile, the minimum rental rate in Madison is $10.32 per square foot.

Average Office Rents by Property Class in Madison vs Wisconsin

Madison Class A & A+ Office Space

$26.55

Wisconsin Class A & A+ Office Space

$26.13

Madison Class B Office Space

$22.12

Wisconsin Class B Office Space

$20.38

Madison Class C Office Space

$12

Wisconsin Class C Office Space

$22.14

Top Locations to Rent Office Space in Madison, WI

There is no one-size-fits-all answer as to what the best office space for rent location is in Madison. The best neighborhood or submarket match for you will depend on what are the most relevant factors to your business and your employees. You will most likely need to consider what works best for the type of business you need space for, the size of your company, the employee demographics, and of course the company budget.

However, a good starting point for finding your best options is to look at the areas where there is a high concentration of office property listings. These areas are typically well-connected to a range of access routes and are also home to a variety of amenities that serve the convenience of both workers and visitors. In Madison, the greatest concentration of office for rent opportunities is in Downtown.

For your consideration, the average rent for office space in Downtown is $23.66 per square foot, but you should expect some price variation across the market, depending on factors like location and property class. For example, the asking rents in Downtown average $30.92 for class A space, but is $22.42, on average, for class B listings, and $30.92 for class C.

Best Areas to Rent Office Space in Madison

Submarket No. of Listings Avg. Asking Rent Class A&A+ Rent Class B Rent Class C Rent Vacancy Rate

Downtown 76 $23.66 $30.92 $22.42 $30.92 18.95%

East 58 $24 $25.26 $22.94 $25.26 31.51%

Far West 51 $23.23 $24.37 $19.69 $24.37 21.30%

Downtown 32 $23.66 $30.92 $22.42 $30.92 18.95%

West 24 $23.19 $25.9 $21.09 $25.9 3.97%

Key Factors to Consider when Choosing an Office Space for Rent in Madison, WI

The quality of an office property can be judged based on subjective factors such as the prospective tenant’s preferred architecture style, the overall design of the surrounding area, as well as the amount and/or diversity of amenities available within a convenient distance.

Some quality factors, however, are considered to be mostly objective, and have been somewhat standardized as top things to consider when looking for a specific quality of space for your business. These include construction grade and building quality ratings, sustainability certifications, the total age or the property, as well as any renovation work that was done.

A local breakdown by property class shows that about 42.68% of total office space listings in Madison are in properties rated class A. Class B space makes up 55.41% of total space available in Madison. Class C space listed for rent locally accounts for 1.91% of total opportunities on the local leasing market.

If considering quality space by property age, the Madison market is also a mixed bag in this respect. About 65.1% of local office properties were completed before the year 2000. Office space delivered in and since the year 2000 makes up 34.9% of the local market and adds up to a total of 2,437,707 square feet.

However, a certain age of completion of the original structure does not necessarily mean that a property is too old. Older properties are often considered to have excellent bones and are good subjects for adaptive reuse redevelopment or extensive renovation to modernize the interior space. With that in mind, you should consider that roughly 5.56% of all office properties here are buildings that have been renovated at least once since 2000.

Madison, WI Office Space for Lease by Building Class

Class A
Class B
Class C

Madison, WI Office Property By Year Built

6

1900 - 1925

4

1925 - 1950

29

1950 - 1975

123

1975 - 2000

101

After 2000

Modern quality standards also take into account the property’s sustainability minded design, which is largely standardized by certification processes such as the LEED program. In Madison, you can find 9 listings for rent that are in LEED-certified or LEED-proposed properties. The local market is home to 3 LEED-certified office building(s). Certification can range from basic LEED requirements to Platinum, which is the highest achievable level of certification awarded by the U.S. Green Building Council.

Number of Buildings by Leed certification in Madison, WI

3

TOTAL

2

Gold

1

Platinum

Size by Leed certification in Madison, WI

TOTAL

362,864

Gold

293,270

Platinum

69,594

Finding Office Space for Rent in Madison, WI Near You

If you have a certain point of interest in mind for renting an office in Madison, it’s easy to navigate local leasing opportunities around it. Using our interactive search map, you can zoom in to your preferred location and then customize your search area around that specific point of interest by selecting “Radius” from the Search Mode options menu. Establish the center of your desired search area with one click on the map, and then expand the radius as much as you need to. Browse the resulting list of available office spaces for rent to find the best match for your location and other business needs.

Data was provided by CommercialEdge and refers to office properties at least 25,000 square feet in size. Prices shown reflect the average rate per square foot.

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