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Property profile & analytics
OFF-MARKET
Office Spaces

432 Midland Rd Janesville, WI 53546

21,212 SF 2.9 ac lot Built 2010
Property ID
Property summary
AI-generated overview

This exceptional Class A office and data center property in Janesville, Wisconsin, presents a compelling investment opportunity. The 21,212-square-foot building sits on a 2.9-acre lot and boasts 150 parking spaces. Currently 100% occupied under a Net Lease agreement with a single tenant, the property offers a substantial 8.00% cap rate and a strong NOI of $428,192.64. The lease, originally commencing December 1, 2010, has a remaining term of approximately 3.2 years, followed by two five-year option periods with annual rent bumps of 1.5%. Built in 2010 as a build-to-suit for the current tenant, this mission-critical facility is strategically located adjacent to the tenant's corporate headquarters, demonstrating a long-term commitment. The property is zoned O1 and features a single-story building. This investment offers a secure, long-term income stream with significant upside potential due to the lease options and annual rent increases. The tenant has consistently occupied the property since 2010, recently extending their lease, highlighting their satisfaction and commitment to the location. This is a fee-simple ownership opportunity. The APN is 023-2300030. The address is 432 Midland Rd, Janesville, WI 53546.

Property profile
Verified
Property type Office Spaces
Year built 2010
Total area 21,212 SF
Lot 2.9 ac (126,324 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Data Dimensions Production Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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