1725 Delavan Dr Janesville, WI 53546-2704

This exceptional investment opportunity presents a 315,926 square foot manufacturing building situated on a 17.8-acre lot in Janesville, Wisconsin. The property, built in 1900 and boasting solid steel construction, features 20-foot ceilings, eight dock-high doors, and six loading docks. Currently 100% occupied under an absolute NNN lease with a long-term tenant, Monterey Mills, who has occupied the facility since 2005 and recently completed building improvements. The lease has seven years remaining. The property is zoned M2 and offers a compelling cap rate of 7.95% at an asking price of $8,025,000 ($25.40/sq ft). Its prime location on East Delavan Drive, a main thoroughfare in Janesville, provides excellent visibility and accessibility. The property benefits from its proximity to major transportation arteries, including I-90 and I-39, making it strategically positioned within Southern Wisconsin's thriving industrial landscape. This offering presents a rare opportunity to acquire a well-maintained, high-performing asset significantly below replacement cost. The established tenant and long-term lease provide a secure and stable income stream, making this an attractive addition to any investment portfolio.