500 Midland Ct Bureau 2 257 m² 100 % Loué À vendre Janesville, WI 53546 5 587 826 € (2 475,59 €/m²) Taux de capitalisation 6,50 %

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding, NNN leased, 100% occupied Dual Tenant Credit Building located in Janesville, Wisconsin. The property totals 24,296 SF and is divided into two suites with University of Wisconsin Health (UW Health) occupying 11,416 SF and Baker Tilly utilizing the remaining 12,880 SF. Both tenants commenced leases in 2024. UW Health has nine years remaining on their 10 year lease and Baker Tilly has six years remaining on their seven year lease. Baker Tilly is a multinational consulting and public accounting network and it is currently the 10th largest accounting network in the world by revenue. Baker Tilly has 43,000 people in 700 offices across 141 territories and has a combined global revenue of $5.2 billion. UW Health is the integrated health system of the University of Wisconsin–Madison serving more than 800,000 patients each year in the Upper Midwest and beyond with more than 1,800 employed physicians and over 24,000 employees at six hospitals and more than 90 primary and specialty outpatient locations in Wisconsin, Illinois and Michigan.
The asset is located off Interstate 90, a north/south traveling thoroughfare which serves over 55,600 vehicles per day. Furthermore, the site benefits from nearby access to State Highway 11 (11,800 VPD) and U.S. Highway 14 (11,500 VPD), making this an ideal, centralized location with easy commutes. Located in a dense retail corridor, the subject is within close proximity to multiple national/credit tenants including a Walmart Supercenter, Sam’s Club, T.J. Maxx, Kohl’s, Target, Family Dollar, Office Depot, and more. The primary feeder for UW Health is the UW’s insurance group Quartz. Quartz serves 370,000 people in WI, IA, IL and MN. The 5-mile subject trade area is supported by more than 66,600 residents and 36,400 daytime employees. Residents within a 1-mile radius boast an average household income of $95,490.