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Class A Office Building
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5117 W Terrace Dr, Madison, WI

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 status Active
Size 2,883 SF - 25,616 SF
Lot size 7.10 Acres
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood High Crossing Neighborhood Association

Spaces For Lease

at 5117 W Terrace Dr Contact us

Office Space For Lease in US Cellular Building $14/SF/Yr

Floor 1
Size 2,883 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
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

Floor 3
Size 25,616 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
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

Floor 4
Size 11,779 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
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

Floor 4
Size 6,980 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
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
Listed By: Chris Richards
Source: Moodyscre
Added: Nov 23, 2025 Changed: Oct 25 Last 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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

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 Organization MTM Inc Freight Service UW High School Foth Engineering Consultant STAT Courier Service, ... Courier Service

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Building Supply Pharmacy Plumbing 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
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
(608) 628-5895 · Office Call to check price and availability
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