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1944 Center Ave 5,075 SF Retail Building Janesville, WI 53546 $544,725 ($107.33/SF) 8.72% Cap Rate
Executive Summary
Single tenant investment retail building for sale in Janesville, WI. Property is located on Janesville's south side retail corridor near the I-90/39 bypass. Area users include BaZinga Classic Pub and Grille, El-Ra-Bowl, Kwik Trip, Daniel Hale Williams Resource Center, Burger King, McDonald's, Walgreens, and Mercy Clinic South. Combined traffic count of 18,750 vehicles per day on Center Ave (Hwy 51) and Kellogg Ave.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,075 SF
Building Class
B
Year Built
1966
Price
$544,725
Price Per SF
$107.33
Cap Rate
8.72%
NOI
$47,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.64 AC
Zoning
B2
Parking
20 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 041-1200396 | Improvements Assessment | $130,200 |
| Land Assessment | $77,600 | Total Assessment | $207,800 |
Property Taxes
Parcel Number
041-1200396
Land Assessment
$77,600
Improvements Assessment
$130,200
Total Assessment
$207,800
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