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Two-Story Office-Flex Space
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4902 Hammersley Rd, Madison, WI 53711

41,000-square-foot facility combines renovated offices, warehouse space, collaboration areas, and substantial surface parking.

Space Size41,000 SF
Days on Market49

Property Features for 4902 Hammersley Rd

General Information

Standard status Active
Size 41,000 SF
Net Rentable 41,000 SF
Total Parking Spaces 100
Property subtype OFFICE
Lease Type NNN

Space & Availability

Available Space 41,000 SF
Contiguous Space 41,000 SF
Space Use Flex

Site & Location

Highway Access Yes
Road Access Yes

Amenities

open workspace
collaboration areas
conference rooms
private offices
kitchen facilities

Building Details

Buildings 1
Building Size 41,000 SF

Spaces For Lease

at 4902 Hammersley Rd
Office/Flex Industrial $15.75/SF/Yr
Floor 1-2
Size 41,000 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Sublease No
4902 Hammersley Rd is a 41,000 SF building offering a combination of office and flex/warehouse space. The building consists of a recently-renovated two-story office, which sits prominently along the Beltline Highway, a single-story central office area (original building), and a single-story modern warehouse/flex space. The building has a mix of open workspace, collaboration areas, large and small conference rooms, private offices, kitchen facilities, and more. The site includes approximately 100 surface parking spaces adjacent to the building, along with an additional parking lot located directly across the street, allowing for ample capacity for employees and visitors. The property’s configuration and parking availability make it well-suited for users seeking practical space with flexibility for a range of office, light industrial, or service-oriented functions.
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Listing Agency: CBRE, Inc.
Listed By: Chase Brieman · License #54278
Source: Moodyscre
Added: Aug 28 Changed: Oct 3 Last Checked: Oct 15 at 12:43AM

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.

This 41,000 SF flex property combines several functional components within one building. The improvements include a recently renovated two-story office, a single-story office section from the original building, and a contemporary single-story warehouse/flex area. Interior features include open work areas, collaboration zones, conference rooms in multiple sizes, private offices, and kitchen facilities.

The property fronts the Beltline Highway and provides approximately 100 surface parking spaces beside the building. A second parking lot directly across the street adds further capacity for employees and visitors. The mix of office and warehouse/flex improvements supports a range of office, light industrial, and service-oriented functions.

Key Highlights

  • 41,000 SF building with office and flex/warehouse components
  • Recently renovated two‑story office area
  • Single‑story warehouse/flex space plus original central office section

Property Analytics

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Current Use

Pacific Cycle Inc Corporate Office

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Auto Repair Shop Dental Office Building Supply

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.36 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53711, WI

51,448
Population
23,500
Households
2.2
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
26.0 sq mi
ZIP Area
1,979
Density / Sq Mi
$101,236
Median Household Income
$55,284
Median Earnings
$1,357
Median Rent
$387,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Madison, WI

$7.65 /SF/Yr
Avg Asking Price
$4.62–$12 /SF/Yr
Price Range
9,794 SF
Avg Space Size

This space is priced 106% above the average of $7.65 /SF/Yr.

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025
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Similar Off Market Nearby

  • Hy-Vee Catering — 675 S Whitney Way, Madison, WI 53711

Frequently Asked Questions

What type of property is this?
Flex space - 41,000-square-foot facility combines renovated offices, warehouse space, collaboration areas, and substantial surface parking.
Where is this flex space located?
The property is located at 4902 Hammersley Rd Madison, WI.
What is the lease rate?
The lease rate is $15.75 SF/Yr.
What are key features of this property?
This property features: 41,000 SF building with office and flex/warehouse components; Recently renovated two‑story office area; Single‑story warehouse/flex space plus original central office section
(608) 332-6561 Call to check price and availability
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