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  1. Retail Space
  2. WI
  3. Madison

Elevate Apartments

For Lease 2,000 SF

5022 American Pkwy, Madison, WI 53718

New mixed-use development featuring 270 luxury apartments and two office/retail spaces. The site is prominently located along American Parkway. Onsite parking and prime building signage available. Floor to ceiling windows provide ample natural light ideal for office and retail users.

Rental Details

  • Number of spaces 2
  • Total square feet available 2,000 SF
  • For Lease $17.00/SF/YR
  • Space Type Retail
  • Lease Type Modified Gross
  • Latest Update Sep 9, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

2 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
#1 Retail $17.00/SF/YR 1,100 SF - Modified Gross

#1

Space Type

Retail

Lease Rate

$17.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,100 SF

Divisible Space

1,100 - 1,100 SF

Available Date

Immediate

Lease Type

Modified Gross

Lease Term

From 3 To 3 Years

Renewal Option

Yes

Sublease

No

Turnkey

Yes

· Surface and underground parking available

 

Signage

Yes

Signage Options

Building

#2 Retail $17.00/SF/YR 900 SF - Modified Gross

#2

Space Type

Retail

Lease Rate

$17.00/SF/YR

Additional Rent

Price on request

Total Space Available

900 SF

Divisible Space

900 - 900 SF

Available Date

Immediate

Lease Type

Modified Gross

Lease Term

From 3 To 3 Years

Renewal Option

Yes

Sublease

No

Turnkey

No

· Surface and underground parking available

 

Signage

Yes

Signage Options

Building

#1

Space Type
Retail
Lease Rate
$17.00/SF/YR
Total Space
1,100 SF
Lease Type
Modified Gross
Space Type

Retail

Lease Rate

$17.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,100 SF

Divisible Space

1,100 - 1,100 SF

Available Date

Immediate

Lease Type

Modified Gross

Lease Term

From 3 To 3 Years

Renewal Option

Yes

Sublease

No

Turnkey

Yes

· Surface and underground parking available

 

Signage

Yes

Signage Options

Building

#2

Space Type
Retail
Lease Rate
$17.00/SF/YR
Total Space
900 SF
Lease Type
Modified Gross
Space Type

Retail

Lease Rate

$17.00/SF/YR

Additional Rent

Price on request

Total Space Available

900 SF

Divisible Space

900 - 900 SF

Available Date

Immediate

Lease Type

Modified Gross

Lease Term

From 3 To 3 Years

Renewal Option

Yes

Sublease

No

Turnkey

No

· Surface and underground parking available

 

Signage

Yes

Signage Options

Building

Contacts

BI
Beth Iyer

Key Commercial Real Estate

Building Details

  • For Lease $17.00/SF/YR
  • Property Type Retail
  • Property Size 2,000 SF
  • Additional Rent Price on request
  • Date Updated Sep 9, 2026

Location

  • City Madison, WI
  • Neighborhood North - East Park
  • Zip Code 53718
  • Market Madison
  • Map
  • Street
  • Walk score 28/100 Car-Dependent
  • Transit score 32/100 Some Transit
  • Bike score 52/100 Bikeable
Powered by Walk Score ®

Points of Interest

Eastwood Dr. @ First St.

5.42 miles

Monona Dr. @ MG High School

5.80 miles

Winnequah Rd. @ Wyldhaven Ave.

6.74 miles

Capitol Square (Main St. @ King St.)

7.10 miles

Kwik Trip

0.11 miles

Chargepoint

0.56 miles

Casey's General Store

0.66 miles

Costco Fuel

1.28 miles

Shell

1.37 miles

Woodman's Gas

1.52 miles

Tesla Supercharger

1.93 miles

BP

2.03 miles

PDQ

2.18 miles

Mobil

2.56 miles

American Center Lot 13-04

0.26 miles

ABRA Autobody & Glass Parking

0.67 miles

Pooley's Parking

0.71 miles

Sun Prairie Park & Ride

1.20 miles

Culver's Parking

2.06 miles

Arby's Parking

2.32 miles

Denny's Parking

2.33 miles

Student Parking Section A

2.94 miles

Student Parking Section B

3.00 miles

Student Parking Section D

3.02 miles

Woodman's Markets

1.43 miles

Kohl's

1.60 miles

ALDI

1.66 miles

TJ Maxx

1.66 miles

Ross

1.68 miles

Marshalls

1.70 miles

Global Market and Food Hall

1.70 miles

Target

1.72 miles

JCPenney

1.86 miles

East Towne Mall

1.99 miles

Listing Summary

  • Retail Space Costs at 5022 American Pkwy

    The asking rent for retail space in this property starts at $17.00/SF/YR.

  • Retail Space Available

    The property exclusively contains Retail space totaling 2,000 square feet. The leasing opportunity here is available under Modified Gross lease terms.

  • Space Sizes
    • 5022 American Pkwy offers 1 retail space sized 1,000 square feet or less. Retail space of this size can be a more affordable option for small businesses or for those that don’t have very quick growth expectations.
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
  • Area Characteristics

    5022 American Pkwy is located in the North - East Park neighborhood of Madison. The North - East Park retail market offers 3 retail listings, representing a total of 4,210 square feet of retail space for lease.

    The most common retail type in the North - East Park neighborhood is Mayfair Park, of which the market currently offers 14 spaces.

    You can also find 8 Tamarack Trails - Wexford Ridge spaces. Additionally, leasing opportunities here include 6 Capitol spaces.

Contact Beth Iyer
BI
Beth Iyer

Key Commercial Real Estate

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