2306 Humes Rd - Auto Repair FOR SALE


Janesville, WI 53545
$1,195,000 USD
310-488-1789
2306 Humes Rd, Janesville, WI for Sale
$1,195,000 USD
Auto Repair - FOR SALE
1/18
null | 6.45% Cap Rate

2306 Humes Rd
Janesville, WI 53545


HIGHLIGHTS

  • High-Traffic Interstate Corridor
  • Secure NNN Lease
  • Strong & Stable Demographics
  • Epicenter of Regional Retail
  • Major Capital Investment
  • Major Area Infrastructure

OVERVIEW

Centennial Advisers brings to market 2306 Humes Road in Janesville, a rare absolute NNN investment opportunity positioned along one of the city’s most active and sought-after commercial corridors. This single-tenant Jiffy Lube facility offers an exceptional combination of frontage, functionality, and long-term value at an attractive price of $1,195,000 (6.5% Cap Rate). With exposure to 26,500 daily vehicles along Humes Road, the property delivers outstanding visibility and seamless access to major transportation routes—ideal for businesses that thrive on customer traffic and high street presence. Benefiting from a 2018 renovation, the single-story structure features over $200,000 in structural improvements, specialized automotive buildout, and an explicitly commercial zoning suitable for quick lube operations. Located in a highly trafficked retail node near a 627,000-square-foot regional mall, the site benefits from steady consumer activity, while the nearby Interstate 39/90 interchange provides exceptional regional connectivity to a dense residential and employment base. Backed by a Heartland Automotive Services II, Inc. guarantee and 2% annual rent increases over the remaining 7-year term, the property offers a dependable platform for long-term occupancy and continued income growth. 2306 Humes Road stands out as a compelling opportunity for an investor seeking a centrally located, high-visibility asset with both immediate cash flow and strong future upside in a growing Janesville market.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$467 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

B4

APN/PARCEL ID

021-8300087

ASK ABOUT THIS PROPERTY

Tom WatkinsCentennial AdvisersMore Info
310-488-1789

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Tom WatkinsCentennial AdvisersMore Info
310-488-1789

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.