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Downtown Madison Renovated Office Space
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316 W Washington Ave, Madison, WI 53703

Modern, renovated office space in downtown Madison near Capitol Square.

Space Size563 SF - 15,500 SF
Lot Size1.35 Acres
Days on Market936

Property Features for 316 W Washington Ave

General Information

Standard status Active
Size 563 SF - 15,500 SF
Lot size 1.35 Acres
Property subtype OFFICE
Lease Type Modified Gross

Site & Location

Neighborhood Capitol Neighborhoods

Spaces For Lease

at 316 W Washington Ave Contact us
Name Size Type Rate Availability
Office For Lease 1,923 SF OFFICE $18/SF/Yr AVAILABLE, Now Contact us
Office For Lease 2,526 SF OFFICE $18/SF/Yr AVAILABLE, Now Contact us
Office For Lease 563 SF OFFICE $18/SF/Yr AVAILABLE, Now Contact us
Office For Lease 1,036 SF OFFICE $20/SF/Yr AVAILABLE, Now Contact us
Office For Lease 3,670 SF OFFICE $26.50/SF/Yr AVAILABLE, Now Contact us
Office For Lease 15,500 SF OFFICE $23/SF/Yr AVAILABLE, Now Contact us
Office For Lease 2,365 SF OFFICE $26.50/SF/Yr AVAILABLE, Now Contact us
Office For Lease 3,546 SF OFFICE $26.50/SF/Yr AVAILABLE, Now Contact us
Office For Lease 6,050 SF OFFICE $26.50/SF/Yr AVAILABLE, Now Contact us
Office For Lease 2,472 SF OFFICE $26.50/SF/Yr AVAILABLE, Now Contact us
Office For Lease 3,255 SF OFFICE $26.50/SF/Yr AVAILABLE, Now Contact us
Listing Agency: Cushman & Wakefield | Boerke
Listed By: Jim Cavanaugh
Source: Moodyscre
Added: Apr 8, 2024 Changed: Oct 25 Last Checked: Oct 28 at 10:29AM

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

Rey
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Investment Insights

Based on property information with market context.

Located in downtown Madison, two blocks from Capitol Square, this renovated office space offers 3,546 square feet within a 256,858 square foot Class A office building. The building was completely renovated in 2016. It provides amenities such as secure on-site parking, a fitness center with locker rooms and showers, a common conference room, secure bike parking, and a ground floor restaurant. The property is intended for use as office space.

Key Highlights

  • Prime Downtown Madison location, just two blocks from Capitol Square.
  • Completely renovated in 2016.
  • Class A office space totaling 256,858 SF.

Property Analytics

Who owns this building? See the owner, sales and loan history
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
$3.97 /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

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - Modern, renovated office space in downtown Madison near Capitol Square.
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 $26.50 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Madison location, just two blocks from Capitol Square.; Completely renovated in 2016.; Class A office space totaling 256,858 SF.
(414) 253-3950 · Office Call to check price and availability
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