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Retail Space on State Street
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121 State St, Madison, WI 53703

Retail space available for rent on State Street.

Space Size1,746 SF
Property Size30,000 SF
Days on Market875

Property Features for 121 State St

General Information

Standard status Active
Size 1,746 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 30,000 SF
Year Built 2015
Tenancy Multiple

Spaces For Lease

at 121 State St Contact us

Suite 104

Size
1,746 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Fiore Companies
Listed By: Corey Kautzky · License #WI 98365-94
Source: Crexi
Added: Apr 11, 2024 Changed: Aug 24 Last Checked: Aug 31 at 8:32PM

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 Fiore Companies

Investment Insights

Based on property information with market context.

This commercial real estate property features retail space available for rent. The property is located on State Street in Madison, Wisconsin.

Key Highlights

  • Retail space available.
  • Located on State Street.
  • Built in 2015.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Electrical Service Daycare Center Furniture & Home Goods

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,735
Businesses Nearby

Demographics for 53703, WI

38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value

Market

Lease Benchmarks for Madison, WI

$19.84 /SF/Yr
Avg Asking Price
$12–$39 /SF/Yr
Price Range
5,250 SF
Avg Space Size

This space is priced 61% above the average of $19.84 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for rent on State Street.
Where is this retail space located?
The property is located at 121 State St Madison, WI.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Retail space available.; Located on State Street.; Built in 2015.
(608) 665-1230 Call to check price and availability
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