Madison, Wisconsin, is an ideal location for Industrial Space, offering a unique blend of amenities, infrastructure, and education that make it an attractive destination for businesses and individuals alike. With its proximity to the University of Wisconsin-Madison, the Wisconsin State Capitol, and various cultural institutions like the Henry Vilas Zoo and the Overture Center for the Arts, Madison provides a dynamic environment that fosters growth and innovation. The city's growing technology sector, with companies like Epic Systems, American Family Insurance, and Exact Sciences headquartered in the area, further solidifies its position as a hub for industrial activity. Additionally, Madison's location on an isthmus surrounded by five lakes - Lake Mendota, Lake Monona, Lake Wingra, Lake Kegonsa, and Lake Waubesa - provides a unique setting that is both aesthetically pleasing and functional. With 26 Industrial Space listings available for lease, Madison offers a range of options for businesses looking to establish or expand their operations in the area.
Madison's Industrial Space market is characterized by a range of options, from small to large spaces, with average annual rents per square foot of $6 USD and sizes ranging from 1,200 square feet to 500,000 square feet. In addition to Industrial Space, Madison also offers a range of other property types, including Flex Space, which provides a flexible and adaptable environment for businesses; Commercial Real Estate, which offers a range of office and retail spaces; Land, which provides opportunities for development and growth; and Restaurants, which cater to the city's vibrant food scene. With its unique blend of amenities, infrastructure, and education, Madison is an attractive destination for businesses and individuals alike, making it an ideal location for Industrial Space and other property types.
What is the average size of industrial space for lease in the Madison market?
The average size of industrial space for lease in the Madison market is 48,772 square feet, with a total of 26 available listings, and an average annual rent of $6 USD per square foot, making it an attractive option for businesses looking to establish or expand their operations in the area.
What do I need to look for when leasing an industrial space in Madison?
When leasing an industrial space in Madison, there are several key factors to consider to ensure you find the right property for your business needs, including:
- Average annual rent per square foot, which is currently $6 USD per square foot, and average space size, which is approximately 48,772 square feet, to determine your budget and space requirements.
- Proximity to major transportation hubs, such as the Dane County Regional Airport and the Madison Metro Transit bus system, to ensure easy access for employees, customers, and shipments.
- Availability of industrial spaces, with 26 listings currently available, and maximum space size, which can be up to 500,000 square feet, to accommodate your business's growth and expansion plans.
