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|Tenant||United States Postal Service|
JLL is pleased to offer for sale a USPS-tenanted office & mail distribution building located at 1818 Milton Avenue in Janesville, Wisconsin. With a government-backed tenant on a long-term, double net lease structure, investors can realize the unique opportunity to collect investment-grade cash flows within a dense retail corridor.
- USPS' credit support is derived from the United States Federal Government (Moody's: Aaa; S&P: AA+)
- Long-term occupancy history & precedent for committed USPS locations
- Recent renewal execution on net lease structure
- Approximately 9 percent rental increases every five years
- Advantageous B2 zoning for future uses