Investment Highlights
Located in the main retail hub of Janesville
Directly off of the heavily traveled I-90 Which is the artery from Rockford to Madison.
Numerous retailers in the immediate area including Target, Menards, Home Depot, Best Buy, TJ Maxxs, Hyvee Grocery, Applebees, & much more
High barrier to entry ? extremely tight real estate market
Immediate area is occupied by numerous industrial facilities resulting in heavy daytime traffic.
Executive Summary
BRAND NEW CONSTRUCTION!!Colliers Net Lease Investment Group is excited to present a truly unique real estate investment opportunity.We invite qualified investors to explore the possibility of acquiring a ground lease in the super popular Raising Canes restaurant situated in the heart of the main retail corridor at 3030 Milton Ave. Janesville, WI. This exceptional property is strategically positioned at the Northeast corner of I-14 & Milton Ave (Route 26), nestled near numerous national tenants and in front of 2 grocery stores. I-14 & Milton Ave is the first intersection you come to when exiting I-90.The immediately proximate area is filled with hotels, car dealerships and many notable retailers including Target, Menards, Home Depot, Best Buy, TJ Maxx, Woodmans Food Market, HyVee Grocery, Applebees, O?Reilly?s and so much more.This unique opportunity is offered at $3,118,280 with a low net income of $145,000 that translates to a cap rate of 4.65%Construction estimate of completion Winter 2024
