Madison, WI Office Space for Rent

Search 261 office listings in Madison, WI and find helpful local stats in the Market Overview section below.

1 West Main Street

1 West Main Street, Capitol, Madison, WI
Property

Office

55,638 SF
Availability

3 Spaces

24,509 SF
Year Built

1917
For Lease

$14.00/SF/YR
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708 Heartland Trail

708 Heartland Trail, Wexford Village, Madison, WI
Property

Office

49,149 SF
Availability

4 Spaces

21,586 SF
Year Built

2006
For Lease Contact for pricing
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Office Space For Lease at Olin Center

208 E Olin Avenue, Capitol View Heights, Madison, WI
Property

Office
Availability

1 Space

16,894 SF
For Lease Contact for pricing
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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

2 Spaces

4,266 SF
Year Built

2007
For Lease Contact for pricing
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University Research Park - Park West I

406 Science Drive, Midvale Heights, Madison, WI
Property

Office

56,092 SF
Availability

2 Spaces

8,012 SF
Year Built

1989
For Lease

$15.50/SF/YR
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Odana Rd. Office & Retail

6514 Odana Rd , Oakwood Village, Madison, WI
Property

Office

11,770 SF
Availability

2 Spaces

4,300 SF
Year Built

1979
For Lease

$23.88/SF/YR
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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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Old Sauk Trails Park - 8017-8025 Excelsior Drive

8017 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

37,482 SF
Availability

2 Spaces

3,768 SF
Year Built

1988
For Lease Contact for pricing
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High Crossing Office Park - 5315 Wall Street

5315 Wall Street, High Crossing, Madison, WI
Property

Office

36,505 SF
Availability

3 Spaces

5,820 SF
Year Built

1994
For Lease

$13.00/SF/YR
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Old Sauk Trails Park - Sauk Trails Plaza II

1255 Fourier Drive, Wexford Village, Madison, WI
Property

Office

160,000 SF
Availability

1 Space

3,038 SF
Year Built

2018
For Lease Contact for pricing
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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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1414 MacArthur Road

1414 MacArthur Road, Mayfair Park, Madison, WI
Property

Office

39,454 SF
Availability

2 Spaces

3,034 SF
Year Built

2004
For Lease

$1,508.00 - $3,048.00/MO
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5459 Fen Oak Dr.

5459 Fen Oak Dr., East Buckeye, Madison, WI
Property

Office

31,197 SF
Availability

1 Space

26,297 SF
Year Built

2007
For Lease

$15.00/SF/YR
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High Crossing Office Park - 5325 Wall Street

5325 Wall Street, High Crossing, Madison, WI
Property

Office

36,962 SF
Availability

2 Spaces

10,074 SF
Year Built

1998
For Lease

$13.00/SF/YR
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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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Manchester Place

2 East Mifflin Street, Capitol, Madison, WI
Property

Office

135,270 SF
Availability

6 Spaces

47,185 SF
Year Built

1987
For Lease Contact for pricing
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WI, Madison - Heartland Trl
Regus
708 Heartland Trail, 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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The American Center Business Park - The 5100 Building

5100 Eastpark Blvd, North - East Park, Madison, WI
Property

Office

57,402 SF
Availability

1 Space

8,434 SF
Year Built

2003
For Lease

$14.00/SF/YR
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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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High Crossing Office Park - 2810 Crossroads Drive

2810 Crossroads Drive, High Crossing, Madison, WI
Property

Office

70,000 SF
Availability

4 Spaces

10,285 SF
Year Built

1996
For Lease

$13.50/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 78 $23.66 $30.92 $22.42 $30.92 18.95%

East 57 $24 $25.26 $22.94 $25.26 31.51%

Far West 49 $23.23 $24.37 $19.69 $24.37 21.30%

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

West 27 $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 65.97% of local office properties were completed before the year 2000. Office space delivered in and since the year 2000 makes up 34.03% of the local market and adds up to a total of 2,394,923 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 4.8% 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

1

Before 1900

12

1900 - 1925

5

1925 - 1950

31

1950 - 1975

118

1975 - 2000

96

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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