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Retail Space in Union Corners
For Lease
$20 SF/Yr

2418-2438 Winnebago Street, Madison, WI 53704

Retail space for rent in historical landmark with built-in customer base.

Space Size1,700 SF - 2,722 SF
Days on Market280

Property Features for 2418-2438 Winnebago Street

General Information

Standard status Active
Size 1,700 SF - 2,722 SF
Property subtype Retail

Spaces For Lease

at 2418-2438 Winnebago Street Contact us

1,700 (With patio) - Nexus Building

Size
1,700 SF
Type
Retail
Availability
Available
NNN Expenses: Included
Contact us

2,722 SF - Carbon Building

Size
2,722 SF
Type
Retail
Availability
Available
NNN Expenses: Included
Contact us
Listing Agency: CBRE, Inc.
Listed By: Devin Tessmer
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 25 Last Checked: Aug 29 at 5:59AM

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 CBRE, Inc.

Investment Insights

Based on property information with market context.

Located at the corner of E. Washington Avenue and Milwaukee Street, Union Corners is anchored by UW Health Clinic and features prominent visibility. This well-recognized historical landmark development includes over 30,000 square feet of first-floor retail space and 195 apartments. The newly completed Generations apartment complex adds an additional 60 units, providing a built-in customer base for commercial tenants. The available retail space is 6,000 square feet and is for rent at a rate of $20.

Key Highlights

  • Anchored by UW Health Clinic, providing high visibility and traffic.
  • Well‑recognized historical landmark.
  • Over 30,000 sf of first floor retail space.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Auto Parts Store Accounting Firm Grocery & Convenience 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53704, WI

47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Similar Off Market Nearby

  • Madison East Shopping Center E Washington Ave, Madison, WI 53704

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space for rent in historical landmark with built-in customer base.
Where is this shopping center located?
The property is located at 2418-2438 Winnebago Street Madison, WI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Anchored by UW Health Clinic, providing high visibility and traffic.; Well‑recognized historical landmark.; Over 30,000 sf of first floor retail space.
More about this property
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