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Retail Spaces on Monona Drive
For Lease
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4502-4522 Monona Dr, Madison, WI

Retail spaces available with frontage and dedicated parking.

Space Size2,809 SF
Lot Size1.01 Acres
Days on Market337

Property Features for 4502-4522 Monona Dr

General Information

Standard status Active
Size 2,809 SF
Lot size 1.01 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 4502-4522 Monona Dr Contact us

Retail Space For Lease $19.95/SF/Yr

Floor
1
Size
2,809 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• 1,132 and 1,677 sq. ft. spaces available • Frontage on Monona Drive • Building...
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Listing Agency: Lee & Associates of Madison
Listed By: Blake George · License #4944590
Source: Moodyscre
Added: Sep 18, 2025 Changed: Aug 8 Last Checked: Aug 19 at 2:53PM

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 Lee & Associates of Madison

Investment Insights

Based on property information with market context.

Retail spaces are available in a building with frontage on Monona Drive. The available spaces measure 1,132 and 1,677 square feet. Building and pylon signage options are available. Dedicated parking is provided at a ratio of 4 stalls per 1,000 square feet. The property previously housed a veterinary clinic in a corner unit. Current co-tenants include Klinke Cleaners, Rocky Rococo Pizza, Monona Bakery, and Paradise Ice Cream. The NNN estimate ranges from $5.17 to $7.66 per square foot.

Key Highlights

  • High‑visibility frontage on Monona Drive.
  • Dedicated parking stalls (4/1000).
  • Building and pylon signage available.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Big Box & Wholesale Store Parking Lot & Garage Real Estate Agency Bakery

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

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

Market

Lease Benchmarks for Madison, WI

$17.98 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
12,697 SF
Avg Space Size

This space is priced 11% above the average of $17.98 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available with frontage and dedicated parking.
Where is this retail space located?
The property is located at 4502-4522 Monona Dr Madison, WI.
What is the lease rate?
The lease rate is $19.95 SF/Yr.
What are key features of this property?
This property features: High‑visibility frontage on Monona Drive.; Dedicated parking stalls (4/1000).; Building and pylon signage available.
(608) 209-9990 Call to check price and availability
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