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1501 Creston Park Dr 32,569 - 65,138 SF of Retail Space Available in Janesville, WI 53545
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 32,569-65,138 SF | Negotiable | $9.00 /SF/YR $0.75 /SF/MO $586,242 /YR $48,854 /MO | Triple Net (NNN) |
1st Floor
Positioned in the heart of Janesville’s thriving retail corridor, this former Schnucks grocery box offers a prime opportunity for large-format retail users seeking visibility, access, and co-tenancy strength. The ±65,138 SF building features a brick and masonry exterior, multiple dock doors, and prominent dual pylon signage along Milton Avenue, which sees over 22,600 vehicles per day per WISDOT. Zoned B2 Community Shopping, the site is ideal for a wide range of retail uses. The property benefits from multiple access points via Creston Park Drive, Newman Street, and Randall Avenue, ensuring smooth ingress and egress for customers and deliveries. Its location within the Creston Park Mall area places it among a dense mix of national brands including CVS, Walgreens, Planet Fitness, McDonald’s, Wendy’s, Taco Bell, and OfficeMax, as well as medical users like DaVita and Fresenius. This synergy creates a dynamic retail environment with strong consumer draw. Surrounding the site is a robust mix of residential neighborhoods and regional shopping destinations such as Target, Walmart, Sam’s Club, Hobby Lobby, and ALDI, enhancing the property's appeal to both daily needs and destination shoppers. The area’s demographic strength and traffic volume make this a compelling location for grocers, fitness operators, discount retailers, or specialty concepts looking to capitalize on Janesville’s retail momentum.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- 2 Loading Docks
- Central Air and Heating
- Milton Ave signage with 22,600 VPD
- Surrounded by national retail brands
- Multiple access points for easy entry
- Brick and masonry exterior finishes
- Zoned B2 Community Shopping area
- Dock doors support logistics needs
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT 1501 CRESTON PARK DR, JANESVILLE, WI 53545
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Schnucks
- Supermarket
- 147
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Schnucks | Supermarket | 147 | Regional |
PROPERTY FACTS
| Total Space Available | 65,138 SF | Property Subtype | Supermarket |
| Min. Divisible | 32,569 SF | Gross Leasable Area | 65,138 SF |
| Property Type | Retail | Year Built/Renovated | 1958/1996 |
| Total Space Available | 65,138 SF |
| Min. Divisible | 32,569 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 65,138 SF |
| Year Built/Renovated | 1958/1996 |
ABOUT THE PROPERTY
65,138 square foot Schnucks Grocery Store. Several access points on Creston Park, Newman, and Randall streets. Large pylon signs are located on Milton Avenue Located among many national restaurants, retailers, and residential neighborhoods. Traffic counts on Milton Avenue are 22,600 (per WISDOT). Property is zoned B2 Community Shopping. Per City of Janesville.
NEARBY MAJOR RETAILERS
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1501 Creston Park Dr
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