4030 Commercial Dr - Manufacturing FOR SALE


Janesville, WI 53545
$849,000 USD
608-314-8257
4030 Commercial Dr, Janesville, WI for Sale
$849,000 USD
Manufacturing - FOR SALE
1/10
null | 7.08% Cap Rate

4030 Commercial Dr
Janesville, WI 53545


HIGHLIGHTS

  • Fully occupied through August 2029 with 2% annual rent escalations baked in, so your NOI grows without renegotiation.
  • Same-street sales on Commercial Drive include a May 2025 transaction at $112.67/SF, and the 6-comp average across the Janesville submarket sits at $89
  • Tenant pays CAM (lawn care and snow plowing); landlord expense load is limited to taxes and insurance, estimated at $10,000/year.
  • The 2% annual escalation schedule pushes income-supported value closer to the comp set with every passing year, rewarding a buyer who moves now.
  • Small industrial park setting, single tenant, no complex lease structure. The kind of property that manages itself.

OVERVIEW

A fully occupied, single-tenant commercial/industrial investment at 4030 Commercial Drive in Janesville's established Commercial Drive corridor. The 9,000 SF building is leased to Dawg Zone through August 2029 under a modified gross structure with 2% annual escalations, generating $70,077 in current gross annual rent and $60,077 NOI. With3.3 years of lease term remaining and a local tenant in a growing service category, this is a clean, low-management asset with income in place and rent growth built in. Priced at an 8% cap on current NOI with comp support from recent same-street sales.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased Single Tenant Investment

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.01

LAND SF

43,996

ZONING

M1

APN/PARCEL ID

020-7400116

ASK ABOUT THIS PROPERTY

Adam ShultzColdwell Banker Commercial McGuire MearsMore Info
608-314-8257

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

Adam ShultzColdwell Banker Commercial McGuire MearsMore Info
608-314-8257

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