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2821 Milton AveJanesville, WI 53545
Tropical Smoothie Cafe
Asset ClassRetail
Deal Size$1.5 M
Cap Rate: 6.25%Year Renovated: 2024Lease-Term Remaining: 10 YearsAccess Data Room
Janesville, WI | QSR With Drive-Thru | Net Lease Investment
overview of deal

Overview

Year Built/Renovated: 1967 / 2024

Building Size (SF): 1,878

Land Size (AC): 0.61

Drive-Thru: Yes

Parking Spaces: 25

Zoning: B4

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Investment Highlights

  • Low Price Point NNN Sale Leaseback with 10+ Years Remaining
  • Direct Access to I-90 - A Major Interstate Connecting the Chicago, Madison, and Rockford Markets
  • Located on WI-26 - Janesville's Primary North-South Commercial Corridor with Two I-90 Ramps Within One Mile
  • Profitable Location with Strong Store Level Financials (2.62x EBITDAR Coverage)
  • Sale Leaseback Guaranteed by a 21-Unit Entity Operated by an Established 34-Location Franchisee

 

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2821 Milton AveJanesville, WI 53545
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