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Freestanding Retail Building in Janesville
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3024 Milton Avenue, Janesville, WI 53545

High-image, single-tenant building on Janesville's main retail thoroughfare.

Space SizeContact for details
Days on Market262

Property Features for 3024 Milton Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE, Inc.
Listed By: Sandy Golden
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Jul 16 at 5:14AM

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, Inc.

Investment Insights

Based on property information with market context.

This freestanding, single-tenant building is located on the main retail thoroughfare in Janesville, Wisconsin. The property, with a size of 4661 square feet, offers cross access and parking with the adjacent shopping center. Pylon signage is available along Milton Avenue. This is a second-generation restaurant space situated among many national retailers, including the neighboring Raising Cane's.

Key Highlights

  • High‑image freestanding building on the main retail thoroughfare.
  • Cross access and parking with adjacent shopping center.
  • Pylon signage along Milton Ave.

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Law Firm Storage Facility Garden Center Kitchen & Bath Showroom Plumbing Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Dining 26%
BMO Harris Bank Shops & Services
3,357 visits/mo 0.3 miles
Citgo Shops & Services
2,509 visits/mo 0.4 miles
Papa John's Pizza Dining
2,071 visits/mo 0.4 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

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

What type of property is this?
Retail space - High-image, single-tenant building on Janesville's main retail thoroughfare.
Where is this retail space located?
The property is located at 3024 Milton Avenue Janesville, WI.
What are key features of this property?
This property features: High‑image freestanding building on the main retail thoroughfare.; Cross access and parking with adjacent shopping center.; Pylon signage along Milton Ave.
More about this property
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