Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1747 Center Ave Janesville, WI 53546

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-visibility retail suites, Janesville, WI

    Lot size:
    7,918 SF

    Property Features for 1747 Center Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,918 SF
    Class
    A
    Total Rate
    9897.5

    Spaces For Lease

    at 1747 Center Ave, Janesville, WI 53546 Contact us
    Unit Suite 2

    $15 /Mo

    Size
    2,400 SF
    Contact us
    Unit Suite 3

    $15 /Mo

    Size
    2,718 SF
    Contact us

    We can help!

    Listing Contact
    Mandy Witt
    Mandy Witt

    Listing Agency: Coldwell Banker Commercial McGuire Mears & Associates Listing Agent: Mandy Witt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A retail property, located at 1747 Center Ave in Janesville, Wisconsin, offers 7,918 square feet of space across nine suites within a new construction multi-tenant strip center. The property boasts a prime location on Center Avenue (US Hwy 51), a high-traffic area with 9,600 vehicles per day. Two spaces are currently available, ranging from 2,400 to 2,718 square feet, and are suitable for retail or office use. One suite features a desirable outdoor patio. The property is situated on a 0.86-acre lot in Rock County and benefits from its strategic location at the entrance to the new Rock County Human Services building, housing 500 employees. Its proximity to Edison Middle School (600 students) and UW-Whitewater at Rock County (1,150 students) ensures a consistent flow of potential customers. The property is designed to be subdivided to accommodate various business needs, offering flexibility for potential tenants. This is a rare opportunity to secure a highly visible and well-located retail space in a thriving area of Janesville. The property's Class A designation reflects its superior construction and amenities. The zip code is 53546.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rock County Veterans ... County Government Office

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Janesville
    County
    Rock
    State
    Wisconsin
    Longitude
    -89.0306647
    Latitude
    42.6537428

    Nearby Similar for Lease

    • $208,500

      Janesville Industrial Building on 3 Acres

      30,000 sq ft industrial building for lease in Janesville.
      401 E Conde St, Janesville, WI 53546
      View Details
    • $24,000

      Second-Floor Space Near Children's Museum

      3,000 SF space available March 1, 2026, near museum.
      113 W Milwaukee St, Janesville, WI 53548
      View Details
    • $12,000 /Mo

      Lower Level Commercial Space Available

      1013 sq ft space suitable for retail, office, or services.
      1327 N Wright Rd, Janesville, WI 53546
      View Details
    • $36,000

      Versatile Space Near Children's Museum

      3,800 SF space suitable for various business types.
      113 W Milwaukee St, Janesville, WI 53548
      View Details
    • $21,600

      Historic Office Space in Janesville

      Private office space in historic Pember House. All utilities included.
      215 W Court St, Janesville, WI 53548
      View Details
    • $18 SF/Yr
      1,609 SF

      Downtown Janesville Office Space

      Office space for rent in downtown Janesville.
      100 N Main St, Janesville, WI 53545
      View Details
    • $12 SF/Yr
      1,460 SF

      Janesville Office Suite For Lease

      Professional office suite available in a multi-tenant building.
      1404 Creston Park Dr, Janesville, WI 53545
      View Details
    • $13 SF/Yr
      2,000 SF

      Retail/Office Space For Rent

      Retail or office space available in a busy commercial corridor.
      1905 Center Ave, Janesville, WI 53546
      View Details
    • $9 SF/Yr
      29,685 SF

      Retail Space with High Visibility

      Retail property for lease with ample parking and signage.
      1800 Milton Ave, Janesville, WI 53545
      View Details
    • $9 SF/Yr
      18,900 SF

      Retail Space with Dock Doors

      Retail space with high visibility and ample parking available for lease.
      1818 Milton Ave, Janesville, WI 53547
      View Details
    • $3 SF/Yr
      20,000 SF

      Janesville Warehouse Space Available

      20,000 square foot warehouse space for lease in Janesville.
      162 S River St, Janesville, WI 53548
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-visibility retail suites, Janesville, WI
    Where is this lifestyle center located?
    The property is located at 1747 Center Ave Janesville, WI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    (608) 751-9108 Call to check price and availability
    Request Owner's contact information
    1747 Center Ave Janesville, WI 53546
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1747 Center Ave
    Janesville, WI 53546
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1747 Center Ave Janesville, WI 53546
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mandy Witt
    Mandy Witt
    (608) 751-9108 (608) 314-8252 (608) 752-6325
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!