4030 Commercial Dr
$849,000
4030 Commercial Dr, Janesville, WI 53545
9,000 sqft
Building Size
1.01 acres
Lot Area
Details:
Highlights:
- Lot Size: 1-2 Acres
- Age: 21-30 Years Old
- Sewer: City
- Water: City Water
Description:
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 $89.67/SF — both validating the ask for a stabilized, income-producing asset.
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.
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.
Listing ID: bbcb3d58-4a52-4d69-b4ed-256711b153de
Location
Gallery
