Flex Space with Backup
For Lease
Contact for pricing
3202 Latham Dr, Madison, WI 53713
Combined office and warehouse areas offer adaptable commercial space with heavy electrical capacity and separate sublease options.
Space Size11,538 SF - 59,749 SF
Property Size135,617 SF
Days on Market434
Property Features for 3202 Latham Dr
General Information
Standard status
Active
Size
11,538 SF - 59,749 SF
Property subtype
Office, Industrial
Lease Type
NNN
Building Details
Building Size
135,617 SF
Year Built
1993
Tenancy
Multiple
Spaces For Lease
at 3202 Latham Dr Contact us- Size
- 24,088 SF
- Type
- Industrial
- Lease Type
- Gross
- Availability
- Active
24,088 SF of Lower Level Warehouse $5/SF/Yr
- Size
- 59,749 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
59,749 SF of Warehouse for Sublease $7/SF/Yr
- Size
- 11,538 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
11,538 SF of Lower Level Office Space $5/SF/Yr
Listing Agency:
Cresa Madison
(608) 467-1513
Listed By:
Tim Rikkers · License #WI 72972-94
Source:
Crexi
Added: Jun 23, 2025
Changed: Aug 30
Last Checked: Aug 30 at 11:11AM
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 Cresa Madison
Investment Insights
Based on property information with market context.
Built in 1993, this flex property combines office and warehouse areas with heavy power capacity and a backup generator. The configuration supports separate subleasing of the office and warehouse components, allowing the space to serve different operational requirements within one property.
The property is located at 3202 Latham Drive in Madison, Wisconsin. The existing lease runs through December 31, 2028, establishing a defined sublease term for occupancy planning.
The property is located at 3202 Latham Drive in Madison, Wisconsin. The existing lease runs through December 31, 2028, establishing a defined sublease term for occupancy planning.
Key Highlights
- Office and warehouse components within one flex property
- Heavy power capacity supports demanding operations
- Backup generator provides on‑site power redundancy
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
972
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 53713, WI
23,291
Population
11,635
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
86%
High-School Grad
9.8 sq mi
ZIP Area
2,377
Density / Sq Mi
$57,833
Median Household Income
$36,998
Median Earnings
$1,173
Median Rent
$259,100
Median Home Value
Market
Lease Benchmarks for Madison, WI
$22.65 /SF/Yr
Avg Asking Price
$4.62–$84 /SF/Yr
Price Range
10,887 SF
Avg Space Size
Vacancy Rate% for Industrial in Madison, WI
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Frequently Asked Questions
What type of property is this?
Flex space - Combined office and warehouse areas offer adaptable commercial space with heavy electrical capacity and separate sublease options.
Where is this flex space located?
The property is located at 3202 Latham Dr Madison, WI.
What are key features of this property?
This property features: Office and warehouse components within one flex property; Heavy power capacity supports demanding operations; Backup generator provides on‑site power redundancy
