Multi-Tenant Investment Portfolio for Sale

Shopping Center for Sale
Catylist Listing ID: 30171223
Property Subtypes: Community Center, Neighborhood Center
Building Size (RSF): 25,048 SF
Gross Building Area: See Agent
Gross Land Area: 1.94 Acres
Sale Price: See Agent
Property Use Type: Investment
Building Name: Milton Ave Station
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/26/2018

Overview / Comments

Coldwell Banker Commercial McGuire Mears & Associates is pleased to present for sale Milton Ave Station, a portfolio of two multi-tenant retail buildings located at 1250 and 1260 Milton Ave and the adjacent parcel of land at 1201 Matheson St in Janesville, Wisconsin. Situated at the controlled intersection of Milton Ave and Mt Zion Ave with a combined traffic count estimated at 26,100 vehicles per day, Milton Ave Station offers a mix of both local and regional tenants like Domino's Pizza, Familia Dental, and Liberty Tax. Each building has its own pylon signage and each tenant has fascia signage. Financial information available upon request.

Adjacent parcel located at 1201 Matheson St is included in the sale.

Additional Details

Nearest MSA: Janesville-Beloit
County: Rock
Tax ID/APN: 0230100141, 0230100140, & 0230100147
Zoning: B-3
Retail Clientele: General, Family
Property Visibility: Excellent
Largest Nearby Street: Milton Ave
Traffic/Vehicle Count: 20,600
Area Description: Milton Ave Station is located near the southern end of Milton Ave (WI-26), Janesville's main commercial corridor, and is approximately two miles away from two I-39/90 interchanges and 1.5 miles from US Hwy 14. Neighboring users include Advance Auto Parts, NAPA Auto Parts, Rogan's Shoes, Sneakers Bar & Grill, BMO Harris Bank, and Schnucks. Several dental clinics and small office users are situated nearby.
Total Number of Buildings: 2
Total Parking Spaces: 114
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,264 51,462 71,135
Median Age: 38.02 37.66 38.19
Households: 4,408 21,338 28,683
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