MLS Public Remarks Great investment opportunity presents this 9000+ square feet building with almost an acre of land. Excellent long term tenant with annual increase on their triple net lease with renewal option. The tenant pays for monthly HVAC maintenance, lawn care and gutter cleaning 2x per year. Virtual tour available upon request prior to actual showings scheduled. Lease and environmental study available upon request after showings. High visibility location and value priced!
Location City
Other Marketing Area
Mailing City Janesville
C/T/V City
Unit #
Directions West Court St, West Of Crosby Ave
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $7
Total Units/Bldg 1
Building Gross SqFt 9,090
Net Leasable SqFt 0
Year Built 1980
Source for Year Built PubR
Approx Bldg Dimen 90x100
Street Frontage 151
Parking Fees/Mo. $0
Onsite Parking Yes
# of Stories 1
Ceiling Height Min 0
Ceiling Height Max 0
Number of Loading Docks 0
Zoning B3
Est. Total Acres 0.96
Source Of Est Acres PubR
Lot Dimensions 151x275
Owner
Tradename
Land Assessment $159,900
Assessment Year 2021
Net Taxes $7,757
Tax Year 2020
Improvements $177,800
Total Assessment $337,700
Income/Expenses Year $2,020
Gross Operating Income $65,721
Annual Operating Exp $4,000
Net Operating Income $61,721
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
Triple Net |
8/31/2022 |
Yes |
$65,721 |
$7 |
$0 |
9,090 |
2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded Tenant's property
Heating/Cooling Central air, Forced air, Zoned heating
Water/Waste Municipal sewer, Municipal water
Basement Slab/None
Fuel Natural gas
Seating Capacity
Type Beauty/barber, Office, Retail, Shopping center/StripMall
Exterior Treatment
Building Parking 36-55 spaces, Onsite, Paved
Roofing Metal
Terms/Option
Miscellaneous
Documents on File Lease(s), Property Condition Report
Location Business district, Free standing, Near Major Highway, Near public transportatn
Tenant Pays Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Snow removal, Taxes, Water
Present Use Beauty/barber shop, Retail, School
Licenses
Lease Type Annual, Escalators, Multiple years, Renewal options, Triple net
Occupied by
Sale Includes Lease(s), Signs
Features Outside storage, Private office(s), Reception area, Security lighting, Shared Restrooms, Signage available
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Briggs Realty Group, Inc