Monterey Mills Manufacturing Building

315,926 SF | Industrial Building | Janesville, WI 53546 | $8,175,000 ($26/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $8,175,000

Property Type
Industrial
Price / Square Foot
$26

Listing Contacts

John Joyce, CCIM SIOR
John Joyce, CCIM SIOR
Verified Profile
David Pernice
David Pernice
Verified Profile
  • Property Info

Property Overview

SVN Chicago Industrial is pleased to present an exceptional investment opportunity in the heart of Southern Wisconsin's thriving industrial landscape. The absolute NNN industrial property offers investors a secure and hassle-free income stream, with a long-term lease in place from a reputable tenant. With its strategic location, stable cash flow, and potential for future appreciation, this property is an attractive addition to any investor's portfolio.
Nestled in the heart of southern Wisconsin, Janesville exudes a warm and friendly atmosphere that makes it an attractive destination for industrial businesses. This vibrant city, with a population of approximately 65,000 people, offers a welcoming community and a high quality of life for its residents.
Janesville's industrial market is a dynamic and growing sector of its economy. The city's strategic location along the I-90 corridor, connecting it to major cities like Chicago and Madison, makes it a prime destination for businesses looking for convenient access to transportation networks. The proximity to major highways, including I-90 and I-39, ensures seamless logistics and distribution, making
Janesville a key player in the regional supply chain.
The industrial properties in Janesville offer a wide range of options to suit various business needs, from manufacturing facilities to distribution centers. Vacancy rates are relatively low, reflecting the city's appeal to businesses seeking stability and growth potential.

Property Details

Class
C
Year Built
1900
Stories
1
Property Subtype
Manufacturing
Lot Size (sq. ft)
775,368 SF

Highlights

  • The tenant, Monterey Mills, has recently built out part of the facility demonstrating a commitment to this location
  • Strong Tenant with 7 Years remaining on the Lease
  • Tenant has been located in the facility since 2005
  • Offered well below replacement cost
  • Solid Steel Construction Frontage on Delavan/County Road - Main thoroughfare through Janesville

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].