3920 Kennedy Rd, Janesville, WI 53545
Multi-tenant industrial property on 6.38 acres with existing leases and income from retail and tower operations.
- Added:
- Jun 17, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 24 at 4:37 am
Property Features for 3920 Kennedy Rd
General Information
- Standard status
- Active
- Size
- 60,520 SF
- Lot size
- 6.38 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1998
Listing office Coldwell Banker Commercial McGuire Mears & Associates (608) 314-8257
Listing date Jun 17, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial McGuire Mears & Associates
HighLights
- 60,000 SF industrial investment property in Janesville, WI, built in 1998
- Set on 6.38 acres along Janesville’s Kennedy Road corridor
- Access to I‑90 via Hwy 14 and Hwy 26
- Current in‑place NOI of $261,882 anchored by a market‑rate Costco‑Innovel lease
- Additional income includes a cell tower lease
- 40,000 SF space leased below market through August 2027, creating value‑add on re‑lease to market rates
Overview
Located in Janesville’s established Kennedy Road corridor, the property provides convenient regional access to I-90 via Hwy 14 and Hwy 26. This placement supports a logistics-oriented tenant mix and helps facilitate transportation connectivity for distribution needs.
For buyers and operators, the combination of anchored retail-leaning tenancy and tower income can help support overall cash flow, while the below-market lease provides a documented re-leasing window through August 2027. The property’s existing lease structure may be well suited for investors seeking a managed industrial asset with multiple income streams and clear near-term leasing considerations.
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Janesville
- County
- Rock
- State
- Wisconsin
- Longitude
- -89.0051405
- Latitude
- 42.7291306