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Fully Leased Single Tenant Investment 4030 Commercial Dr 5,000 SF 100% Leased Industrial Building Janesville, WI 53545 $849,000 ($169.80/SF) 7.08% Cap Rate
Investment Highlights
- Fully occupied through August 2029 with 2% annual rent escalations baked in, so your NOI grows without renegotiation.
- Tenant pays CAM (lawn care and snow plowing); landlord expense load is limited to taxes and insurance, estimated at $10,000/year.
- Small industrial park setting, single tenant, no complex lease structure. The kind of property that manages itself.
- 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
- The 2% annual escalation schedule pushes income-supported value closer to the comp set with every passing year, rewarding a buyer who moves now.
Executive Summary
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.
Property Facts
| Price | $849,000 | Lot Size | 1.01 AC |
| Price Per SF | $169.80 | Rentable Building Area | 5,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.08% | Year Built | 2004 |
| Property Type | Industrial | Parking Ratio | 3.6/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | M1 | ||
| Price | $849,000 |
| Price Per SF | $169.80 |
| Sale Type | Investment |
| Cap Rate | 7.08% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.01 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Parking Ratio | 3.6/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M1 |
Amenities
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 020-7400116 | Improvements Assessment | $467,400 |
| Land Assessment | $61,600 | Total Assessment | $529,000 |
Property Taxes
Parcel Number
020-7400116
Land Assessment
$61,600
Improvements Assessment
$467,400
Total Assessment
$529,000
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Fully Leased Single Tenant Investment | 4030 Commercial Dr
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