Madison, WI Office Space for Rent

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

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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Amazing And Unique Downtown Office Suite

106 E. Doty St. , Capitol, Madison, WI
Property

Office

12,000 SF
Availability

1 Space

1,220 SF
For Lease

$22.75/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

5 Spaces

11,684 SF
Year Built

2007
For Lease Contact for pricing
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MetaStar Headquarters

2909 Landmark Place, Arbor Hills, Madison, WI
Property

Office

50,000 SF
Availability

4 Spaces

6,853 SF
Year Built

1991
For Lease

$20.75/SF/YR
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University Research Park - Park West II

440 Science Drive, Midvale Heights, Madison, WI
Property

Office

52,000 SF
Availability

1 Space

626 SF
Year Built

1993
For Lease

$15.50/SF/YR
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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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22 East Mifflin Street

22 East Mifflin Street, Capitol, Madison, WI
Property

Office

135,061 SF
Availability

6 Spaces

35,225 SF
Year Built

1997
For Lease

$13.95 - $31.95/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 - 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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University Place - Office & Retail Space

5001 University Ave, Spring Harbor, Madison, WI
Property

Office

65,000 SF
Availability

1 Space

3,750 SF
For Lease

$18.00/SF/YR
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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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The Spark

821 East Washington Avenue, Marquette, Madison, WI
Property

Office

158,000 SF
Availability

2 Spaces

3,810 SF
Year Built

2018
For Lease

$2,200.00 - $7,000.00/MO
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Old Sauk Trails Park - 8020 Excelsior Drive

8020 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

74,954 SF
Availability

2 Spaces

19,784 SF
Year Built

2001
For Lease Contact for pricing
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Old Sauk Trails Park - Sauk Trails Plaza

1200 John Q. Hammons Drive, Wexford Village, Madison, WI
Property

Office

105,510 SF
Availability

6 Spaces

50,283 SF
Year Built

1997
For Lease Contact for pricing
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High Point Plaza

7617 Mineral Point Road, Tamarack Trails - Wexford Ridge, Madison, WI
Property

Office

38,295 SF
Availability

2 Spaces

8,064 SF
Year Built

1985
For Lease

$12.00/SF/YR
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Old Sauk Trails Park - 8040 Excelsior Drive

8040 Excelsior Drive, Wexford Village, Madison, WI
Property

Office

77,000 SF
Availability

7 Spaces

35,594 SF
Year Built

2005
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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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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Old Sauk Trails Park - Deming Plaza

918 Deming Way, Wexford Village, Madison, WI
Property

Office

50,379 SF
Availability

1 Space

7,675 SF
Year Built

2000
For Lease Contact for pricing
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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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