What is the asking price for 4030 Commercial Dr?

The lease rate for space here is Contact for pricing.

What is the total size of 4030 Commercial Dr?

The property has a total square footage of 9,000 SF.

When was this property built?

4030 Commercial Dr was built in 2003.

How many parking spaces are available at 4030 Commercial Dr?

Parking information for the property isn't currently listed. However, other nearby parking options include Milton-Harmony Ice Age Trail, located 2.33 miles away , and Truck Parking, which is 2.65 miles away.

4030 Commercial Dr, Janesville, WI 53545

For Sale $849,000
Property Type Industrial - Warehouse/Distribution
Property Size 9,000 SF
Lot Size 1.01 Acre
Year Built 2003
Date Updated Jul 16, 2026

Description

A fully occupied, single-tenant commercial/industrial investment at 4030 Commercial Drive in Janesville's established Commercial Drive corridor. The 9,000 SF building is leased to Dawg Zone through August 2029 under a modified gross structure with 2% annual escalations, generating $70,077 in current gross annual rent and $60,077 NOI. With3.3 years of lease term remaining and a local tenant in a growing service category, this is a clean, low-management asset with income in place and rent growth built in. Priced at an 8% cap on current NOI with comp support from recent same-street sales.

Highlights

Age: 21-30 Years Old
Fully occupied through August 2029 with 2% annual rent escalations baked in, so your NOI grows without renegotiation.
Lot Size: 1-2 Acres
Same-street sales on Commercial Drive include a May 2025 transaction at $112.67/SF, and the 6-comp average across the Janesville submarket sits at $89.67/SF both validating the ask for a stabilized, income-producing asset.
Sewer: City
Small industrial park setting, single tenant, no complex lease structure. The kind of property that manages itself.
Tenant pays CAM (lawn care and snow plowing); landlord expense load is limited to taxes and insurance, estimated at $10,000/year.
The 2% annual escalation schedule pushes income-supported value closer to the comp set with every passing year, rewarding a buyer who moves now.
Water: City Water