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Retail/Office Space in Janesville

1820 Center Ave, Janesville, WI 53546

For Lease
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Highly visible shopping center space for lease in Janesville.

Space Size10,495 SF
Days on Market722

Property Features for 1820 Center Ave

General Information

Standard status Active
Size 10,495 SF
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 1820 Center Ave
Retail For Lease $12/SF/Yr
Floor 1
Size 10,495 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
This is a highly visible southside shopping center along Center Ave. in Janesville under new ownership and soon to welcome an ethnic grocery store and restaurant as well. The unit was formerly Compass Behavioral Health Clinic and is comprised of numerous private offices , conference room, and storage space. Center offers great parking and easy access from Center Ave., as well as being surrounded by other retailers and restaurants, and a new Kwik Trip is right next door. This is a great opportunity to be a part of a new up and coming waive for the south side of Janesville.
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Listing Agency: Plato Commercial Real Estate, LLC
Listed By: Kent Yan · License WI #52374090
Source: Moodyscre
Added: Nov 18, 2024 Changed: Oct 26 Last Checked: Nov 8 at 8:25AM

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 Plato Commercial Real Estate, LLC

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Investment Insights

Based on property information with market context.

This highly visible shopping center is located on Center Avenue in Janesville. The property is under new ownership and will soon include an ethnic grocery store and restaurant. The available unit, formerly a Compass Behavioral Health Clinic, features numerous private offices, a conference room, and storage space. The center provides ample parking and easy access from Center Avenue. It is surrounded by other retailers and restaurants. A new Kwik Trip is under construction next door. This location offers an opportunity to be part of an up-and-coming area on the south side of Janesville. The property is suitable for retail or office use.

Key Highlights

  • High visibility location on Center Ave.
  • Part of a revitalizing shopping center under new ownership.
  • Future co‑tenants include an ethnic grocery store and restaurant.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Family Dollar Discount Store Clark Carroll Physician Cricket Wireless Authorized ... Mobile Phone Store Quick Cell, LLC Mobile Phone Store JD's Lunchbox Take-out & Catering

Suggested Use

Top Pick Dental Office Hair Salon HVAC Service Spa & Massage Center Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 37% Electronics 1%
McDonald's Dining
17,079 visits/mo 0.2 miles
Janesville #2 Shops & Services
8,511 visits/mo 0.4 miles
Dollar General Shops & Services
8,134 visits/mo 0.3 miles
Burger King Dining
8,129 visits/mo 0.3 miles
A&W Restaurant Dining
4,612 visits/mo 0.2 miles

Demographics for 53546, WI

31,190
Population
12,816
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
81.1 sq mi
ZIP Area
385
Density / Sq Mi
$73,430
Median Household Income
$45,481
Median Earnings
$1,076
Median Rent
$220,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Highly visible shopping center space for lease in Janesville.
Where is this retail space located?
The property is located at 1820 Center Ave Janesville, WI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High visibility location on Center Ave.; Part of a revitalizing shopping center under new ownership.; Future co‑tenants include an ethnic grocery store and restaurant.
(608) 698-6833 · Office Call to check price and availability
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