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Class A Office Building
For Lease
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316 W Washington Ave, Madison, WI 53703

Office building renovated in 2016 offering secure parking, fitness center, common conference room, secure bike parking, and a ground-floor restaurant.

Space Size15,500 SF
Property Size256,858 SF
Days on Market567

Property Features for 316 W Washington Ave

General Information

Standard status Active
Size 15,500 SF
Class A
Property subtype OFFICE
Lease Type Modified Gross

Additional Details

Space Use Office

Amenities

secure on-site parking
fitness center with locker rooms & showers
common conference room
secure bike parking
ground floor restaurant

Building Details

Year Renovated 2016
Building Size 256,858 SF

Spaces For Lease

at 316 W Washington Ave Contact us

Office For Lease $23/SF/Yr

Floor
4
Size
15,500 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Prime opportunity nestled in the heart of Downtown Madison, just two blocks from...
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Listing Agency: Cushman & Wakefield | Boerke
Listed By: Jim Cavanaugh
Source: Moodyscre
Added: Feb 24, 2025 Changed: Sep 4 Last Checked: Sep 14 at 7:10AM

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.

This Class A office building was completely renovated in 2016 and offers a modern workplace in Downtown Madison. Amenities include secure on-site parking, a fitness center with locker rooms and showers, a common conference room, and secure bike parking.

The building is located at 316 W Washington Ave, Madison, WI, just two blocks from Capitol Square, putting it close to the heart of the city’s business and civic activity. A ground-floor restaurant adds convenience for tenants and visitors.

With the renovation completed and a focused amenity set, the space is designed to support everyday operations and tenant needs for meetings, wellness, and commuter access.

Key Highlights

  • Completely renovated in 2016
  • Secure on‑site parking
  • Fitness center with locker rooms and showers

Property Analytics

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Open Analytics

Current Use

Datica (Bike/Boat/Book/etc) Store Roll For Guild (Bike/Boat/Book/etc) Store Trezy.com (Bike/Boat/Book/etc) Store RED Restaurant Attorney J. Adam ... Law Firm

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Electrical Service Daycare Center 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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,735
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Madison, WI

$17.06 /SF/Yr
Avg Asking Price
$9.75–$24.5 /SF/Yr
Price Range
34,365 SF
Avg Space Size

This space is priced 35% 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
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Frequently Asked Questions

What type of property is this?
Office building - Office building renovated in 2016 offering secure parking, fitness center, common conference room, secure bike parking, and a ground-floor restaurant.
Where is this office building located?
The property is located at 316 W Washington Ave Madison, WI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Completely renovated in 2016; Secure on‑site parking; Fitness center with locker rooms and showers
(414) 253-3950 Call to check price and availability
More about this property
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