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2 S Carroll St 820 SF of Office Space Available in Madison, WI 53703
Highlights
- Prominent signage opportunity on Capitol Square..
- Convenient on-street and nearby public parking.
- Unparalleled access to a thriving business community.
- Located 1 block from development of new boutique hotel and the Wisconsin Historical Museum, opening 2026 & 2027 respectively.
- Professionally managed by local ownership and management team.
- Renowned dining establishments within a few block radius.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 230 | 820 SF | Negotiable | $31.29 CAD/SF/YR $2.61 CAD/SF/MO $25,659 CAD/YR $2,138 CAD/MO | Modified Gross |
2nd Floor, Ste 230
Lease Rate: $23.00/SF MG +$1.50 (electric) Second floor office suite with two private offices and a conference room.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 2 Private Offices
- 1 Conference Room
- Views of the Capitol
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 2 S Carroll St, Madison, WI 53703
- Tenant
- Description
- US Locations
- Reach
- Capitol Kids
- -
- 1
- -
- Dupaco Community Credit Union
- Bank
- 19
- Regional
- GoStrive
- Professional, Scientific, and Technical Services
- 1
- -
- Jasti Law Office LLC
- Legal
- 1
- -
- Risser Law Offices
- Legal
- 1
- -
- Rotary International
- Other Services
- 255
- International
| Tenant | Description | US Locations | Reach |
| Capitol Kids | - | 1 | - |
| Dupaco Community Credit Union | Bank | 19 | Regional |
| GoStrive | Professional, Scientific, and Technical Services | 1 | - |
| Jasti Law Office LLC | Legal | 1 | - |
| Risser Law Offices | Legal | 1 | - |
| Rotary International | Other Services | 255 | International |
Property Facts
| Total Space Available | 820 SF | Gross Leasable Area | 5,458 SF |
| Property Type | Retail | Year Built/Renovated | 1940/2013 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 820 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,458 SF |
| Year Built/Renovated | 1940/2013 |
About the Property
Located in the heart of downtown Madison, this second-floor office suite at Two South Carroll Street offers a professional environment just steps from the Wisconsin State Capitol. Spanning 820 square feet, the space features two private offices and a conference room that showcase Capitol views, creating a setting that is both functional and impressive for client meetings or collaborative work. Tenants will enjoy the convenience of a new coffee shop opening on the first floor in Fall 2026, providing an on-site amenity that enhances the daily work experience. The central location offers unparalleled access to Madison’s vibrant business community, renowned dining establishments, and cultural destinations, all within easy walking distance. With excellent walkability and a walk score of 97, this property is ideal for businesses seeking connectivity and convenience in a thriving downtown hub.
- Bus Line
- Signage
Nearby Major Retailers
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2 S Carroll St
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