Elevate Apartments
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
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 | |
|---|---|---|---|---|---|---|
| #1 | Retail | $17.00/SF/YR | 1,100 SF | - | Modified Gross | |
| #2 | Retail | $17.00/SF/YR | 900 SF | - | Modified Gross |
#1
- Space Type
- Retail
- Lease Rate
- $17.00/SF/YR
- Total Space
- 1,100 SF
- Lease Type
- Modified Gross
#2
- Space Type
- Retail
- Lease Rate
- $17.00/SF/YR
- Total Space
- 900 SF
- Lease Type
- Modified Gross
Contacts
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
-
Walk score 28/100 Car-Dependent
-
Transit score 32/100 Some Transit
-
Bike score 52/100 Bikeable
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.
Key Commercial Real Estate