Single-Tenant Warehouse
4030 Commercial Dr Janesville, WI 53545
4030 Commercial Dr, Janesville, WI, 53545
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For Sale
Contact for pricing
Fully occupied warehouse is leased through August 2029 with 2% annual rent escalations in place.
Property Size9,000 SF
Price / SF$94.33
Days on Market33
Property Features for 4030 Commercial Dr
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2003
Listing agency
Coldwell Banker Commercial McGuire Mears & Associates
(608) 314-8257
Listed by
Adam Shultz · License #59385 - 90
Source
Crexi
Added: Jun 20 Updated: Jul 21 at 9:01PM Checked: Jul 21 at 9:01PM
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 Coldwell Banker Commercial McGuire Mears & Associates
Investment Insights
Based on property information with market context.
This fully occupied, single-tenant commercial/industrial warehouse totals 9,000 SF and is leased to Dawg Zone through August 2029. The lease is on a modified gross structure with 2% annual escalations, producing $70,077 in current gross annual rent and $60,077 NOI. With approximately 3.3 years of lease term remaining, the property is set up for low-management ownership with income in place and contractually supported rent growth.
Located at 4030 Commercial Drive in Janesville’s established Commercial Drive corridor, the asset benefits from its position within a mature commercial frontage area. The current lease provides a straightforward occupancy profile, and the offering is presented with an 8% cap on current NOI, supported by recent same-street sales referenced in the remarks.
Located at 4030 Commercial Drive in Janesville’s established Commercial Drive corridor, the asset benefits from its position within a mature commercial frontage area. The current lease provides a straightforward occupancy profile, and the offering is presented with an 8% cap on current NOI, supported by recent same-street sales referenced in the remarks.
Key Highlights
- Fully occupied 9,000 SF single‑tenant commercial/industrial building on Commercial Drive in Janesville
- Leased to Dawg Zone through August 2029 with 2% annual rent escalations
- Current gross annual rent of $70,077 and NOI of $60,077
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $4.08 |
| − Vacancy | −$3.3k | −$0.37 |
| EGI | $33.4k | $3.71 |
| − OpEx | −$5.0k | −$0.56 |
| NOI | $28.4k | $3.16 |
9,000 SF · lease $4.08/SF/yr · vacancy 9.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$405.8K
$355.0K – $473.4K
NOI $28,403 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,394 @ 7.0% cap · market cap 17.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dawg Zone Dog ...
Pet Grooming Service
Similar For Sale Nearby
Similar Off Market Nearby
- H&H Climate Controlled Storage — 4021 commercial dr, janesville, wi 53546
- JAA Storage — 1310 Plainfield Ave Suite 120, Janesville, WI 53545
- Summit Self Storage, LLC — 4126 N Newville Rd, Janesville, WI 53545
FAQs
What type of property is this?
Warehouse - Fully occupied warehouse is leased through August 2029 with 2% annual rent escalations in place.
Where is this warehouse located?
The property is located at 4030 Commercial Dr Janesville, WI.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Fully occupied 9,000 SF single‑tenant commercial/industrial building on Commercial Drive in Janesville; Leased to Dawg Zone through August 2029 with 2% annual rent escalations; Current gross annual rent of $70,077 and NOI of $60,077
