Single-Tenant Grocery
For Sale
Contact for pricing
1501 Creston Park Dr, Janesville, WI 53545
Fee simple purchase of a Schnucks single-tenant grocery store with a recently extended lease and remaining term.
Property Size65,138 SF
Days on Market113
Property Features for 1501 Creston Park Dr
General Information
Standard status
Active
Size
65,138 SF
Property subtype
Retail
Additional Details
Traffic Count
22,600 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
CBRE - Oak Brook
Listed By:
Michael Kaider · License #IL 475154630
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 11:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Oak Brook
Investment Insights
Based on property information with market context.
Fee simple interest is available in a single-tenant Schnucks grocery store. The property totals 65,138 square feet and is leased under an original 20-year agreement that has been recently extended. The current lease includes over 4 years of term remaining, along with five additional options to extend for five years each.
The store is located on Milton Avenue in Janesville, Wisconsin, with over 22,600 vehicles passing the site per day. Schnucks serves a trade area with numerous dominant retailers, including Sam’s Club, Walmart Supercenter, The Home Depot, TJ Maxx, Michaels, Petco, ALDI, Best Buy, PetSmart, Ross Dress for Less, Blain’s Farm & Fleet, Festival Foods, Menards, Target, Woodman’s Food Market, Hobby Lobby, Dick’s Sporting Goods, and Kohl’s.
This is a straightforward single-tenant net lease opportunity featuring a recently extended commitment and multiple extension options.
The store is located on Milton Avenue in Janesville, Wisconsin, with over 22,600 vehicles passing the site per day. Schnucks serves a trade area with numerous dominant retailers, including Sam’s Club, Walmart Supercenter, The Home Depot, TJ Maxx, Michaels, Petco, ALDI, Best Buy, PetSmart, Ross Dress for Less, Blain’s Farm & Fleet, Festival Foods, Menards, Target, Woodman’s Food Market, Hobby Lobby, Dick’s Sporting Goods, and Kohl’s.
This is a straightforward single-tenant net lease opportunity featuring a recently extended commitment and multiple extension options.
Key Highlights
- Fee simple interest in a 65,138 SF, single‑tenant Schnucks grocery store
- 20‑year lease recently extended at contract rent with over 4 years of term remaining
- Lease includes five additional 5‑year extension options
Property Analytics
Current Use
Lease Details
22,600 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
132k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 16%
Groceries 12%
Office Supplies 5%
McDonald's
Dining
26,950 visits/mo
0.1 miles
Schnucks
Groceries
16,373 visits/mo
0.1 miles
Taco Bell
Dining
14,087 visits/mo
0.2 miles
Dunkin' Donuts
Dining
12,160 visits/mo
0.4 miles
Wendy's
Dining
10,238 visits/mo
0.1 miles
Demographics for 53545, WI
23,318
Population
11,170
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
22.5 sq mi
ZIP Area
1,036
Density / Sq Mi
$70,730
Median Household Income
$42,567
Median Earnings
$1,006
Median Rent
$204,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fee simple purchase of a Schnucks single-tenant grocery store with a recently extended lease and remaining term.
Where is this grocery and convenience store located?
The property is located at 1501 Creston Park Dr Janesville, WI.
What are key features of this property?
This property features: Fee simple interest in a 65,138 SF, single‑tenant Schnucks grocery store; 20‑year lease recently extended at contract rent with over 4 years of term remaining; Lease includes five additional 5‑year extension options
