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1007 Jerome Ave 4,000 SF Industrial Building Janesville, WI 53546 $633,600 ($158.40/SF) 7% Cap Rate
Investment Highlights
- Fully leased investment to a nationally recognized medical transportation service provider.
- Two oversized drive-in doors with 12-foot width and 16-foot height clearance.
- Enhanced safety and operational infrastructure with ozone HVAC sterilization.
- Flexible warehouse space paired with well-appointed office and living quarters.
- Centralized location in Janesville with corner-lot positioning for visibility.
- Security-equipped with interior and exterior cameras and remote monitoring.
Executive Summary
Free standing building NNN leased to NASDAQ listed DocGo Inc., DBA Ryan Brothers Ambulance, through 7/31/29 with 2 (1) year options and 3.5% annual increases. This 4,000sf flex building is centrally located in Janesville and on a corner lot with visibility. 3,000sf of heated/cooled warehouse space with 12' H x 16' W overhead doors, floor drains, and water spigots. The 1,200sf office space has 5 rooms including a break room with kitchenette, 1.5 bathroom with a shower, washer/dryer, and kitchen and living/lounge area. Central AC and heating throughout the building. Ozone sterilization in each HVAC system, cameras (interior and exterior), and remote smart capabilities. There are 8 of these buildings in 3 counties.
Property Facts
| Price | $633,600 | Rentable Building Area | 4,000 SF |
| Price Per SF | $158.40 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1980/2016 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.5/1,000 SF |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.40 AC | ||
| Zoning | B3 - Highway Commercial District | ||
| Price | $633,600 |
| Price Per SF | $158.40 |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.40 AC |
| Rentable Building Area | 4,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2016 |
| Tenancy | Single |
| Parking Ratio | 1.5/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | B3 - Highway Commercial District |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 040-1200470 | Improvements Assessment | $158,000 |
| Land Assessment | $49,600 | Total Assessment | $207,600 |
Property Taxes
Parcel Number
040-1200470
Land Assessment
$49,600
Improvements Assessment
$158,000
Total Assessment
$207,600
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1007 Jerome Ave
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