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Hovde Building Office Space
For Lease
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122 W Washington Ave, Madison, WI 53703

Office space in restored building near Capitol Square.

Space Size1,035 SF - 10,046 SF
Property Size19,092 SF
Days on Market880

Property Features for 122 W Washington Ave

General Information

Standard status Active
Size 1,035 SF - 10,046 SF
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 19,092 SF
Tenancy Multiple

Spaces For Lease

at 122 W Washington Ave Contact us

10th Floor Suite 1050

Size
2,702 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

2nd Floor Suite 201

Size
1,418 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

8th Floor Suite 800

Size
3,134 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 650

Size
1,479 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

1st floor |Suite 102

Size
1,035 SF
Type
Office, Retail
Availability
Active
Contact us

2nd Floor

Type
Office, Retail
Availability
Active
Contact us

9th Floor Suite 900

Size
6,912 SF
Type
Office, Retail
Availability
Active
Contact us

Suite 200A & 201

Size
3,830 SF
Type
Office, Retail
Availability
Active
Contact us

Suite 800 & 900

Size
10,046 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield | Boerke
Listed By: Jim Cavanaugh · License #WI
Source: Crexi
Added: Apr 5, 2024 Changed: Aug 23 Last Checked: Aug 31 at 5:07PM

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 Cushman & Wakefield | Boerke

Investment Insights

Based on property information with market context.

The Hovde Building, home to the Hovde offices, has been maintained and restored with attention to detail. Located less than a block from Capitol Square, the building offers Capitol views. It features a large common conference room, shower and locker facilities, and secure bike parking. The Hovde Building combines historical charm with modern amenities.

Key Highlights

  • Magnificent Capitol views
  • Prime location less than a block from Capitol Square
  • Large common conference room available for tenants

Property Analytics

Current Use

DNV Professional Services Attorney Juscha E.M. ... Law Firm Richman & Richman Law Firm Attorney Lester Pines Law Firm Claire Ann Resop Law Firm

Suggested Use

Top Pick HVAC Service Daycare Center Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Building Supply

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
$3.97 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,586
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value

Market

Lease Benchmarks for Madison, WI

$17.06 /SF/Yr
Avg Asking Price
$9.75–$24.5 /SF/Yr
Price Range
35,923 SF
Avg Space Size

This space is priced 55% above 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 - Office space in restored building near Capitol Square.
Where is this office building located?
The property is located at 122 W Washington Ave Madison, WI.
What is the lease rate?
The lease rate is $26.50 SF/Yr.
What are key features of this property?
This property features: Magnificent Capitol views; Prime location less than a block from Capitol Square; Large common conference room available for tenants
(414) 253-3950 Call to check price and availability
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