Newly Built NNN
For Sale
Contact for pricing
3030 Milton Ave, Janesville, WI 53545
Raising Cane’s location with brand-new construction and an absolute NNN ground lease on Milton Avenue.
Property SizeContact for details
Days on Market141
Property Features for 3030 Milton Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
ParaSell Inc
(925) 390-8518
Listed By:
Scott Reid · License #IL - 478027307
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 8:58PM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This newly constructed Raising Cane’s location in Janesville opened on January 14th and is subject to an absolute NNN ground lease. The lease extends over 15 years and includes five 5-year renewal options, with rent increases of 10% every five years. The building was constructed in 2025.
The property occupies a position on Milton Avenue, a major retail and commuter route carrying over 58,000 vehicles daily. Milton Avenue connects Rockford and Madison, while nearby industrial facilities contribute to daytime activity. The site is also near Uptown Janesville, a 627,128-square-foot shopping center anchored by Dick’s Sporting Goods and Kohl’s.
Uptown Janesville connects with the 136,000-square-foot Woodman’s Sports & Convention Center, which includes ice rinks, turf fields, sport courts, meeting rooms, and event spaces. Nearby retailers and restaurants include Hy-Vee, Sam’s Club, Walmart, Festival Foods, Target, Chipotle Mexican Grill, Panera Bread, and Five Guys.
The property occupies a position on Milton Avenue, a major retail and commuter route carrying over 58,000 vehicles daily. Milton Avenue connects Rockford and Madison, while nearby industrial facilities contribute to daytime activity. The site is also near Uptown Janesville, a 627,128-square-foot shopping center anchored by Dick’s Sporting Goods and Kohl’s.
Uptown Janesville connects with the 136,000-square-foot Woodman’s Sports & Convention Center, which includes ice rinks, turf fields, sport courts, meeting rooms, and event spaces. Nearby retailers and restaurants include Hy-Vee, Sam’s Club, Walmart, Festival Foods, Target, Chipotle Mexican Grill, Panera Bread, and Five Guys.
Key Highlights
- Absolute NNN ground lease extending over 15 years
- Five 5‑year renewal options with a 10% rent increase every five years
- Building constructed in 2025; Raising Cane’s opened January 14th
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
916
Businesses Nearby
1M
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 30%
Dining 28%
Apparel 16%
Superstores 10%
Target
Superstores
107,462 visits/mo
0.3 miles
Blain's Farm & Fleet
Apparel
69,570 visits/mo
0.2 miles
Kwik Trip
Shops & Services
58,687 visits/mo
0.3 miles
Menards
Home Improvements & Furnishings
57,820 visits/mo
0.4 miles
Kwik Trip
Shops & Services
52,437 visits/mo
0.2 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
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Frequently Asked Questions
What type of property is this?
NNN property - Raising Cane’s location with brand-new construction and an absolute NNN ground lease on Milton Avenue.
Where is this nnn property located?
The property is located at 3030 Milton Ave Janesville, WI.
What are key features of this property?
This property features: Absolute NNN ground lease extending over 15 years; Five 5‑year renewal options with a 10% rent increase every five years; Building constructed in 2025; Raising Cane’s opened January 14th
