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Flex Building with Loading Docks
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5407-5459 Fen Oak Dr, Madison, WI 53718

Office, open-work, conference, and production areas provide a mix of workspace and operational space.

Space Size25,101 SF
Property Size31,801 SF
Lot Size3.45 Acres
Days on Market13

Property Features for 5407-5459 Fen Oak Dr

General Information

Standard status Active
Size 25,101 SF
Net Rentable 25,101 SF
Lot size 3.45 Acres
Property subtype OFFICE
Lease Type NNN

Space & Availability

Available Space 25,101 SF
Contiguous Space 25,101 SF
Space Use Flex

Lease Terms

Lease Rate $13.95 /USD/SF/YR
Monthly Rent $21,963-$29,179
Rent per SF/Year $10.50-$13.95

Warehouse & Industrial

Clear Height 12 ft
Dock-High Doors 2
Sprinkler System Yes

Amenities

loading docks

Building Details

Year Built 2006
Stories 1
Building Size 31,801 SF
Construction steel and masonry

Spaces For Lease

at 5407-5459 Fen Oak Dr
Fen Oak Dr $10.95 – $13.95/SF/Yr
Size 25,101 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
5459 Fen Oak Drive is a 31,801 SF single story office and flex building on 3.45 acres on Madison's east side, offered for sale at $2,575,000 or for lease at $10.50 to $13.95/SF NNN. Built in 2006 of steel and masonry construction, the building features private offices, open work areas, conference rooms, and production space, with two loading docks, full sprinkler coverage, and 11' to 12' clear height. Marquip-Ward United occupies 6,097 SF, leaving 25,101 SF available for lease or owner occupancy. The offering suits both owner-users and investors.
Contact us
Listing Agency: Oakbrook Corporation
Listed By: Chris Caulum, SIOR · License #9056721
Source: Moodyscre
Added: Sep 24 Changed: Oct 1 Last Checked: Oct 5 at 7:00PM

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 Oakbrook Corporation

Investment Insights

Based on property information with market context.

At 5407-5459 Fen Oak Drive, this 31,801-square-foot, single-story flex property was built in 2006 with steel and masonry construction. Its layout includes private offices, open work areas, conference rooms, and production space. Two loading docks, full sprinkler coverage, and 11- to 12-foot clear height are also part of the building.

The property sits on 3.45 acres on Madison’s east side. Marquip-Ward United occupies 6,097 square feet, and 25,101 square feet is available for lease or owner occupancy.

Key Highlights

  • 31,801‑square‑foot building on 3.45 acres
  • 25,101 square feet available for lease or owner occupancy
  • Built in 2006 with steel and masonry construction

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Garden Center 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

12 ft
Clear height
2
Dock-high doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$1.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53718, WI

17,034
Population
8,408
Households
2
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
20.8 sq mi
ZIP Area
819
Density / Sq Mi
$94,899
Median Household Income
$60,518
Median Earnings
$1,606
Median Rent
$328,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 60% 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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Frequently Asked Questions

What type of property is this?
Flex space - Office, open-work, conference, and production areas provide a mix of workspace and operational space.
Where is this flex space located?
The property is located at 5407-5459 Fen Oak Dr Madison, WI.
What is the lease rate?
The lease rate is $13.95 SF/Yr.
What are key features of this property?
This property features: 31,801‑square‑foot building on 3.45 acres; 25,101 square feet available for lease or owner occupancy; Built in 2006 with steel and masonry construction
(608) 444-1911 Call to check price and availability
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