Janesville Shops
3360 Milton Avenue Janesville, WI 53545 (Madison MSA)
Price: $4,150,000
Status: Sold
Cap Rate: Contact Broker
Year Built: 2018
NOI: $298,270
Lot Size: 1.11 acres
Price Per Foot: $526
Lease Type: NNN
Remaining Term: 8 years
GLA: 8100 sqft
Property Intro
Lee & Associates is pleased to exclusively offer for sale to qualified investors the opportunity to purchase the Janesville Shops, a multi-tenant retail strip center located in Janesville, Wisconsin (the “Property”). The subject property is located approximately 40 miles southeast of Madison.
Newly completed in early 2019, the Property is a multi-tenant property that totals approximately 8,100 square feet and sits on an approximately 1.109-acre parcel. The property greatly benefits from its visibility and frontage along Milton Avenue/Highway 26, offering outstanding visibility and signage to 32,000 cars per day. Additionally, the property is strategically located near the intersection of Highway 14, and one block from the on/off ramps of Interstate 90 (55,000 CPD), offering easy in/out access to the property for commuters and travelers in the area.