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Class A Office Building with Underground Parking
For Lease
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150 E Gilman St, Madison, WI 53703

Class A office building offers heated underground parking plus a lakeside work café and conference center amenities.

Space Size5,034 SF
Days on Market492

Property Features for 150 E Gilman St

General Information

Standard status Active
Size 5,034 SF
Class A
Property subtype OFFICE
Lease Type Modified Gross

Amenities

heated underground parking
secured bicycle parking
surface visitor parking
lakeside work café
exclusive outdoor patio
conference center
shower and locker facilities
lunch delivery services

Building Details

Tenancy Multi

Spaces For Lease

at 150 E Gilman St Contact us

Verex Plaza $32/SF/Yr

Floor
2
Size
5,034 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
First-Time Availability in Over 20 Years! Verex Plaza is a distinguished Class A...
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Listing Agency: The Fiore Companies
Listed By: Corey Kautzky · License #9836594
Source: Moodyscre
Added: Apr 8, 2025 Changed: Aug 8 Last Checked: Aug 11 at 5:22AM

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 The Fiore Companies

Investment Insights

Based on property information with market context.

Verex Plaza is a Class A office building offering a full set of tenant amenities. The property includes heated underground parking, secured bicycle parking, and surface visitor parking. Tenant facilities also feature shower and locker access, and the building offers an outdoor patio plus a conference center.

Verex Plaza provides on-site convenience with access to a lakeside work café featuring Canteen Grab n’ Go Market. Lunch delivery services from local restaurants are provided, and the landlord covers delivery fees and tips. Professionally managed by Fiore Companies, the building is described as having first-time availability in over 20 years.

The property is located at 150 E Gilman St in Madison, Wisconsin, and is positioned in the northeast corner of downtown, with views described for Lake Mendota, the State Capitol, and the Mansion Hill neighborhood. The building totals 5,034 square feet.

Key Highlights

  • Class A office building totaling 5,034 square feet
  • Heated underground parking plus surface visitor parking
  • Secured bicycle parking

Property Analytics

Current Use

Foley & Lardner LLP: ... Law Firm Habush Habush & Rottier ... Law Firm Jason J Knutson Law Firm Christopher E Rogers Law Firm Foley & Lardner LLP Law Firm

Suggested Use

Top Pick Daycare Center HVAC Service 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,427
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

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Class A office building offers heated underground parking plus a lakeside work café and conference center amenities.
Where is this office building located?
The property is located at 150 E Gilman St Madison, WI.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Class A office building totaling 5,034 square feet; Heated underground parking plus surface visitor parking; Secured bicycle parking
(608) 665-1230 Call to check price and availability
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