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    1820 Center Ave Janesville, WI 53546

    For Lease
    $10 SF/Yr ($8,745 /Mo)

    10,495 SF Office, High Visibility

    Lot size:
    10,495 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 10,495-square-foot executive office space is located in a high-visibility Janesville shopping center on Center Avenue. The property, formerly occupied by Compass Behavioral Health Clinic, boasts numerous private offices, a dedicated conference room, and ample storage. Under new ownership, this location benefits from significant recent improvements and an exciting revitalization. The space offers convenient access from Center Avenue and abundant parking. Its strategic location within a thriving retail environment is further enhanced by the proximity of established restaurants and the imminent completion of a new Kwik Trip gas station and convenience store directly adjacent to the property. The shopping center is soon to welcome a new ethnic grocery store and restaurant, creating a dynamic and synergistic retail atmosphere. This presents a unique opportunity to establish a presence in a rapidly developing area of Janesville, capitalizing on the increased foot traffic and enhanced visibility this revitalization project promises. The space is currently vacant and ready for immediate occupancy. The property is situated in Rock County.

    Property Features for 1820 Center Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,495 SF
    Total Rate
    8745.83

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,495 SF
    Rate per SF
    $10

    HighLights

    • High‑visibility retail/office space in Janesville's Center Ave shopping center, under new ownership.
    • 10,495 SF former Compass Behavioral Health Clinic space available; includes multiple private offices, conference room, and storage.
    • Ample parking and convenient Center Ave access.
    • Excellent retail location with nearby restaurants and a new Kwik Trip under construction.
    • Soon to be anchored by an ethnic grocery store and restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store Clark Carroll Nurse Practitioner Cricket Wireless Authorized ... Cell Phone Store Quick Cell, LLC Cell Phone Store JD's Lunchbox Hot Dog Stand

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Janesville
    County
    Rock
    State
    Wisconsin
    Longitude
    -89.0330911
    Latitude
    42.6518138

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    FAQs

    What type of property is this?
    Office Property / Space - 10,495 SF Office, High Visibility
    Where is this office property / space located?
    The property is located at 1820 Center Ave Janesville, WI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: High-visibility retail/office space in Janesville's Center Ave shopping center, under new ownership.; 10,495 SF former Compass Behavioral Health Clinic space available; includes multiple private offices, conference room, and storage.; Ample parking and convenient Center Ave access.
    Request Owner's contact information
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    Janesville, WI 53546
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1820 Center Ave Janesville, WI 53546
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