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5117 W Terrace Dr
Madison, WI 53718 East Madison

$3,364 - $29,885 USD/MO

Office For Lease  •  2,883+ SF

Property Details

  • Property Type Office
  • Year Built 1996
  • Total Building Size 101,726 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning O-4
36 Transit Score
18 Walk Score

4 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Office 2,883 SF $14.00 USD/SF/YR 
*Tenant to pay in-suite janitorial

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
3rd Floor Ste Office 25,616 SF $14.00 USD/SF/YR 
*Tenant to pay in-suite janitorial

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
4th Floor Ste 401 Office 6,980 SF $14.00 USD/SF/YR 
*Tenant to pay in-suite janitorial

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
4th Floor Ste 403 Office 11,779 SF $14.00 USD/SF/YR 
*Tenant to pay in-suite janitorial

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet

Description 

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.

Highlights

The property has building signage available.
The property has a loading dock, and freight elevator for added functionality.
2-story glass atrium lobby with lots of natural light.
Prime location with easy access to Hwy 90/94 and the Beltline.
Generous onsite parking for tenants and visitors.
Located 10 minutes from downtown Madison, and is surrounded by a mix of prominent national and local retailers.

Property Flyers

Amenities

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Signage
  • Shower Facilities

Major Tenants

Tenant SF Occupied Lease End Date
FDIC
Foth 12/9/2025
My Choice Wisconsin 2/15/2028
MyChoice Wisconsin/Molina Healthcare
U.S. Cellular 1/1/2023
Wisconsin Cheese Makers Association 12/31/2033

Public Transportation

AirportDriveWalkDistance
Dane County Regional/Truax Field 13 min - 6.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 380
Type: Surface
Included in Rent: Yes
Chris Richards 608-628-5895 Colliers
Chris Richards 608-628-5895 Colliers