Four-story office building with easy highway access and ample parking.
Space Size2,883 SF - 25,616 SF
Lot Size7.10 Acres
Days on Market347
Property Features for 5117 W Terrace Dr
General Information
Standard statusActive
Size2,883 SF - 25,616 SF
Lot size7.10 Acres
Property subtypeOFFICE
Lease TypeNNN
Site & Location
NeighborhoodHigh Crossing Neighborhood Association
Spaces For Lease
at 5117 W Terrace DrContact us
Office Space For Lease in US Cellular Building$14/SF/Yr
Floor1
Size2,883 SF
TypeOFFICE
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
Located at 5117 W Terrace Dr in Madison, WI, this impressive four-story U.S. Cellular office building offers 2,883 to 47,258 square feet of available lease space within a 101,726-SF structure built in 1996. The property features a striking 2-story glass atrium lobby, building signage opportunities, a loading dock, and freight elevator for added functionality. Tenants benefit from 380 parking stalls, locker and shower facilities, and an on-site conference/training suite accommodating 40--45 people. With OpEx at $8.75/SF, tenant-paid in-suite janitorial, and a competitive lease rate of $14.00/SF NNN, this office environment offers exceptional value. Its prime east-side location provides effortless access to Highways 90/94 and the Beltline, sits just 10 minutes from downtown Madison, and is surrounded by a mix of prominent national and local retailers. The site also boasts excellent visibility with 70,400 vehicles per day along E Washington Avenue, all within O-4 zoning, making it ideal for a wide range of professional office users.
Contact us
Office Space For Lease in US Cellular Building$14/SF/Yr
Floor3
Size25,616 SF
TypeOFFICE
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
Located at 5117 W Terrace Dr in Madison, WI, this impressive four-story U.S. Cellular office building offers 2,883 to 47,258 square feet of available lease space within a 101,726-SF structure built in 1996. The property features a striking 2-story glass atrium lobby, building signage opportunities, a loading dock, and freight elevator for added functionality. Tenants benefit from 380 parking stalls, locker and shower facilities, and an on-site conference/training suite accommodating 40--45 people. With OpEx at $8.75/SF, tenant-paid in-suite janitorial, and a competitive lease rate of $14.00/SF NNN, this office environment offers exceptional value. Its prime east-side location provides effortless access to Highways 90/94 and the Beltline, sits just 10 minutes from downtown Madison, and is surrounded by a mix of prominent national and local retailers. The site also boasts excellent visibility with 70,400 vehicles per day along E Washington Avenue, all within O-4 zoning, making it ideal for a wide range of professional office users.
Contact us
Office Space For Lease in US Cellular Building$14/SF/Yr
Floor4
Size11,779 SF
TypeOFFICE
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
Located at 5117 W Terrace Dr in Madison, WI, this impressive four-story U.S. Cellular office building offers 2,883 to 47,258 square feet of available lease space within a 101,726-SF structure built in 1996. The property features a striking 2-story glass atrium lobby, building signage opportunities, a loading dock, and freight elevator for added functionality. Tenants benefit from 380 parking stalls, locker and shower facilities, and an on-site conference/training suite accommodating 40--45 people. With OpEx at $8.75/SF, tenant-paid in-suite janitorial, and a competitive lease rate of $14.00/SF NNN, this office environment offers exceptional value. Its prime east-side location provides effortless access to Highways 90/94 and the Beltline, sits just 10 minutes from downtown Madison, and is surrounded by a mix of prominent national and local retailers. The site also boasts excellent visibility with 70,400 vehicles per day along E Washington Avenue, all within O-4 zoning, making it ideal for a wide range of professional office users.
Contact us
Office Space For Lease in US Cellular Building$14/SF/Yr
Floor4
Size6,980 SF
TypeOFFICE
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
Located at 5117 W Terrace Dr in Madison, WI, this impressive four-story U.S. Cellular office building offers 2,883 to 47,258 square feet of available lease space within a 101,726-SF structure built in 1996. The property features a striking 2-story glass atrium lobby, building signage opportunities, a loading dock, and freight elevator for added functionality. Tenants benefit from 380 parking stalls, locker and shower facilities, and an on-site conference/training suite accommodating 40--45 people. With OpEx at $8.75/SF, tenant-paid in-suite janitorial, and a competitive lease rate of $14.00/SF NNN, this office environment offers exceptional value. Its prime east-side location provides effortless access to Highways 90/94 and the Beltline, sits just 10 minutes from downtown Madison, and is surrounded by a mix of prominent national and local retailers. The site also boasts excellent visibility with 70,400 vehicles per day along E Washington Avenue, all within O-4 zoning, making it ideal for a wide range of professional office users.
Contact us
Listing Agency:Colliers - Madison(608) 826-9500
Listed By:Chris Richards(608) 628-5895
Source:Moodyscre
Added: Nov 23, 2025Changed: Oct 25Last Checked: Nov 3 at 9:55AM
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 Colliers - Madison
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Investment Insights
Based on property information with market context.
This Class A, four-story office building offers convenient access to I-94/90/39 and USH 151, and is located close to the airport. The property features a variety of suites with abundant natural light and open floor plans, complemented by high-quality finishes throughout. On-site parking is generous. The building includes a glass atrium lobby entrance. In-suite janitorial services are included in the operating expenses. Tenants have a choice of four fiber/internet providers: TDS, AT&T, Charter/Spectrum, and CenturyLink. Available suites range up to 2834 square feet.
Key Highlights
Easy access to I‑94/90/39 and USH 151; close to the airport
Variety of suites with natural light & open floor plans and high‑quality finishes
Generous on‑site parking
Property Analytics
Who owns this building?See the owner, sales and loan history
Open Analytics
Current Use
Wisconsin Cheese Makers ...Association Or OrganizationMTM IncFreight ServiceUWHigh SchoolFothEngineering ConsultantSTAT Courier Service, ...Courier Service
Suggested Use
Top PickHVAC ServiceKitchen & Bath ShowroomBuilding SupplyPharmacyPlumbing Service(Bike/Boat/Book/etc) 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
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
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Business Placement
Check the figures for this propertyCap Rate, Value Estimation, Potential NOI and more
Office building - Four-story office building with easy highway access and ample parking.
Where is this office building located?
The property is located at 5117 W Terrace Dr Madison, WI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Easy access to I‑94/90/39 and USH 151; close to the airport; Variety of suites with natural light & open floor plans and high‑quality finishes; Generous on‑site parking
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New: 350 Mission StJust listed · $36/SF · 2 min ago