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Freestanding Office Building
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1118 S Park St, Madison, WI 53715

CC-T-zoned office property with multiple workrooms, conference areas, onsite parking, and prominent monument signage.

Space Size2,777 SF
Days on Market152

Property Features for 1118 S Park St

General Information

Standard status Active
Size 2,777 SF
Total Parking Spaces 5
Property subtype Office
Zoning CC-T
Lease Type NNN

Space & Availability

Space Use Office
Sublease No
Private Offices 5
Meeting Rooms 3

Amenities

monument sign
break area with countertop kitchen sink

Building Details

Building Size 2,777 SF
Tenancy Single

Spaces For Lease

at 1118 S Park St Contact us

Available Space

Size
2,777 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Madison Property Management, Inc
Listed By: Tony Xiong · License #WI
Source: Crexi
Added: Apr 1 Changed: Aug 29 Last Checked: Aug 29 at 6:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Madison Property Management, Inc

Investment Insights

Based on property information with market context.

This freestanding office building includes 5 offices, 3 larger conference rooms, 3 storage rooms, and 2 restrooms. A small break area with a countertop kitchen sink adds practical support space, while a monument sign is positioned outside the property. The site also provides 5 parking stalls, with additional off-street parking available nearby.

The property is located near the intersection of W. Olin Ave and S. Park St., just minutes from Downtown Madison, and is zoned CC-T.

Key Highlights

  • Freestanding office building zoned CC‑T
  • 5 offices and 3 larger conference rooms
  • 3 storage rooms and 2 restrooms

Property Analytics

Current Use

Small Axe Cooperative ... Law Firm

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom Bakery Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,692
Businesses Nearby

Demographics for 53715, WI

16,517
Population
5,640
Households
2.9
Avg Household Size
24
Median Age
66%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
12,705
Density / Sq Mi
$37,598
Median Household Income
$8,819
Median Earnings
$1,533
Median Rent
$436,100
Median Home Value

Market

Lease Benchmarks for Madison, WI

$17.06 /SF/Yr
Avg Asking Price
$9.75–$24.5 /SF/Yr
Price Range
40,471 SF
Avg Space Size

This space is priced 30% below the average of $17.06 /SF/Yr.

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - CC-T-zoned office property with multiple workrooms, conference areas, onsite parking, and prominent monument signage.
Where is this office building located?
The property is located at 1118 S Park St Madison, WI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Freestanding office building zoned CC‑T; 5 offices and 3 larger conference rooms; 3 storage rooms and 2 restrooms
(608) 268-4912 Call to check price and availability
More about this property
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