New Downtown Retail
For Lease
Contact for pricing
444 West Gilman Street, Madison, WI 53703
A small retail suite planned for 2028 at the base of a new 16-story downtown development.
Space Size985 SF
Days on Market63
Property Features for 444 West Gilman Street
General Information
Standard status
Active
Size
985 SF
Class
A
Property subtype
Retail
Additional Details
Traffic Count
55,000 vehicles/day
Multifamily Units
466
Building Details
Building Size
985 SF
Stories
16
Tenancy
Single
Spaces For Lease
at 444 West Gilman Street Contact us- Size
- 985 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Abstract Commercial Real Estate
(608) 239-4781
Listed By:
Heather Ewing, CCIM · License #WI 57635-90
Source:
Crexi
Added: Jun 11
Changed: Aug 10
Last Checked: Aug 12 at 12:01PM
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 Abstract Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-rent retail suite is planned to come online in 2028 and is identified as a small footprint space. The offering is located at the base of a new 16-story development and is positioned within the same site context as 466 beds.
Situated in downtown Madison’s State St area, the site is described as benefiting from approximately 9.7M annual pedestrian visits. The surrounding environment includes multiple high-rises associated with the University of Wisconsin-Madison and its downtown activity. The remarks also note University Avenue as a main artery, with traffic cited at approximately 45,000–55,000 vehicles per day.
For operators seeking access to dense daytime and evening foot traffic, the tenant mix and activity generators referenced in the materials include the Wisconsin State Capitol, the Overture Center for the Arts, and Camp Randall Stadium. The corridor is described as producing consistent retail demand supported by steady weekday workforce traffic and larger spikes during major game days, along with continuous activity from surrounding retail, restaurants, bars, and cafés.
Situated in downtown Madison’s State St area, the site is described as benefiting from approximately 9.7M annual pedestrian visits. The surrounding environment includes multiple high-rises associated with the University of Wisconsin-Madison and its downtown activity. The remarks also note University Avenue as a main artery, with traffic cited at approximately 45,000–55,000 vehicles per day.
For operators seeking access to dense daytime and evening foot traffic, the tenant mix and activity generators referenced in the materials include the Wisconsin State Capitol, the Overture Center for the Arts, and Camp Randall Stadium. The corridor is described as producing consistent retail demand supported by steady weekday workforce traffic and larger spikes during major game days, along with continuous activity from surrounding retail, restaurants, bars, and cafés.
Key Highlights
- Small retail suite planned for 2028 at 444 W Gilman St in downtown Madison’s State St area
- Planned suite size: 845 SF
- Located at the base of a new 16‑story downtown development
Property Analytics
Property Profile
Current Use
Lease Details
466
Residential units
55,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,828
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Madison, WI
$17.98 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
12,279 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - A small retail suite planned for 2028 at the base of a new 16-story downtown development.
Where is this retail space located?
The property is located at 444 West Gilman Street Madison, WI.
What are key features of this property?
This property features: Small retail suite planned for 2028 at 444 W Gilman St in downtown Madison’s State St area; Planned suite size: 845 SF; Located at the base of a new 16‑story downtown development
