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FOR SALE BLACKHAWK AVIATION CENTER 4618 S Columbia Dr Janesville, WI 53546 PREPARED BY: William E Mears, CCIM, SIOR 608-314-8251 [email protected] 400 Midland Ct Ste 101 Janesville, WI 53546 McGUIRE MEARS & ASSOC. mcguiremears.com ©2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.

BLACKHAWK AVIATION CENTER - Hangar network S... · Welding 123 Eisting Staging 125 ... BLACKHAWK AVIATION CENTER ... A “material adverse fact” is defined in Wis. Stat. 452.01(5g)

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FOR SALE

BLACKHAWK AVIATION CENTER

4618 S Columbia DrJanesville, WI 53546

PREPARED BY:William E Mears, CCIM, [email protected]

400 Midland Ct Ste 101Janesville, WI 53546

McGUIRE MEARS & ASSOC.

mcguiremears.com©2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.

BLACKHAWK AVIATION CENTERMcGUIRE MEARS & ASSOC.

mcguiremears.com©2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.

EXECUTIVE SUMMARY

Blackhawk Aviation Center4618 S Columbia DrJanesville, WI 53546

THE PROPERTY

BUILDING SIZE: 26,029 SFLEASED LAND: 2.01 ACYEARLY RENT: $14,665SALE PRICE: $750,000

PROPERTY SPECIFICATIONS

The Southern Wisconsin Regional Airport is located at the northern end of the I-39 Logistics Corridor and the western boundary of Foreign Trade Zone #41.

• Toll-free highway network• 3 railroad providers• Approximate distances:

• 60 miles southwest of Milwaukee• 90 miles northwest of Chicago• 30 miles north of Rockford• 40 miles south of Madison

• General aviation airport with FAA on-site tower

• Fixed-base operator with fuel sales and car rental service

• 3 runways:• Runway 18/36 (5,000’)• Runway 4/22 (6,701’)• Runway 14/32 (7,300’)

• Hangar formerly used as FAA-certified air-frame and power plant mechanics school

• Two-story corporate-style hangar with a lobby, lounge, classrooms, spray booth, small shop spaces, and labs

• Elevator-served• Bus duct throughout hangar floor area• Land lease terminates 11/30/2020 with the

opportunity to extend for 25 years

MARKET HIGHLIGHTS

LOCATION HIGHLIGHTS

BUILDING HIGHLIGHTS

BLACKHAWK AVIATION CENTERMcGUIRE MEARS & ASSOC.

mcguiremears.com©2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.

SPECS

SIZE: 26,029 SF

OFFICE: 10,480 SF

GROUNDS: 2.01 AC (Gated)

ZONING: Airport Overlay District

YEAR BUILT: 1970

RENOVATED: 2007

CONSTRUCTION: Steel Framing & Panels Masonry

FLOOR: Sealed Concrete

CEILING HEIGHT: 24’ in Hangar Bay 12’ in Office

LIGHTING: Metal Halide in Hangar Fluorescent in Office

HANGAR DOORS: Three (3)

PARKING: 190’ x 190’ Paved Lot

SPRINKLERS: Wet in Spray Booth

BLACKHAWK AVIATION CENTERMcGUIRE MEARS & ASSOC.

mcguiremears.com©2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.

ABOUT THE AIRPORT The Southern Wisconsin Regional Airport (KJVL) is located in the City of Janesville, just a few minutes off of the I-39 / I-90 and STH 11 Interchange at Exit #177. The Airport is approximately 60 miles southwest of Milwaukee, 90

miles northwest of Chicago, 30 miles north of Rockford and 40 miles south of Madison.

The Southern Wisconsin Regional Airport (KJVL) has been providing supply chain solutions to companies of all sizes for over 60 years. Through affordable fuel prices and competitively priced land leases, the Airport offers vital air connectivity — ranging from air cargo to corporate aviation and charter services — at costs far below those commonly associated with larger commercial airports.

SOUTHERN WISCONSIN REGIONAL AIRPORT

FAA TOWER & NAVIGATION The FAA Tower operates daily from 6am—9pm

NAVAIds VOR/DME: 114.3 (freq.), 034 (rad.), 5 nm (dist.)

COmmuNICATIONs CARd ATIS: 128.25 Tower & CTAF: 118.8 Ground Control/Clearance-Delivery: 121.65 Emergency: 121.5 UNICOM: 122.95 WX: 608.758.1723Tower Chief: 608.754.2611

TAKEFLIGHT with a location at Southern Wisconsin Regional Airport ...

Competitive Flexible Compatible Fully Improved Convenient

ww

w.jvlairport.com

Owned and operated by Rock County, KJVL has served the Southern Wisconsin/Northern Illinois region since the late 1940s. Southern Wisconsin Regional Airport provides on-site maintenance and rescue that canvass the property’s 1,400 acres. The airport also maintains a portfolio of available T-hangars, corporate aviation and air cargo development sites.

Two runways serve as the primary approach, and one as the secondary. All three provide the support to accommodate the 50,000+ operations (landings/takeoffs) and the one-half million pounds worth of freight that flows through the airport annually. The FAA maintains an on-site control tower, operated daily. Additional navigational aids are available

during non-staffed hours and inclement weather conditions.

AIRPORT FACTS & FACILITIES

AIRPORT AMENITIESA full-service terminal, complete with a pilots’ lounge and Kealy’s Kafé, is located within close proximity to the fueling station as well as numerous other aviation-related businesses, including:

• Fixed-base operator with fuel sales and car rental services

• Helicopter retrofit and repair

• Flight training facilities

• Charter flight operators

• 18-hole golf course with driving range, pro shop and restaurant

sOuTHERN WIsCONsIN REGIONAL AIRPORT (KJVL) Latitude: N42 37.2150’ Longitude: W89 2.4933’

RuNWAYs 18/36 — 5,000’ 4/22 — 6,701’ 14/32 — 7,300’

RuNWAY AIds ILS Runway 4, ILS Runway 32, VOR-DME, REILS, VASI, PAPI, SDF

Glen Erin Golf Course www.gleneringolf.com

BLACKHAWK AVIATION CENTERMcGUIRE MEARS & ASSOC.

mcguiremears.com©2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.

FLOOR PLANS: 1ST FL

102Office

107Open Office

101Reception

100Vest.

S-1Stair134

Data

106Copy/Stor.

Up

108Corridor

103

Cor

ridor

105Storage

104Break

110Jan. Cl.

113Elec.114

Files

115Library

117Exist.

Classroom

118Exist.

Classroom

163’ 8”

119’ 1”

119Exist.

Fabrication120

ExistingWelding

123ExistingStaging

125Existing

Paint Mixing /Storage

124Existing

Mechanical

126Existing

Paint Booth

127Existing

Sheet MetalShop

128Ex. SheetMetal Stor.

129Dirty Parts

131Tools13

0E

xist

ing

Cle

an P

arts 132

ExistingMachine Shop

121ExistingEngine

Overhaul

First FloorReconstruction Plan

S-3Exist. Stair

122Existing

Open Hangar

133Area of Rescue

Assistance

116Microfiche

112

Cor

ridor

117A

Nic

ad B

atte

ryS

tora

ge117B

Lead BatteryStorage

109Men

111Women

S-2Exist. Stair

BLACKHAWK AVIATION CENTERMcGUIRE MEARS & ASSOC.

mcguiremears.com©2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.

FLOOR PLANS: MEZZANINE

203Mechanical

Room

201Room

202Elev.

Equip.

204Conference

Room

200Lounge

205Testing

207Ex. Classroom

208Ex. Classroom

209Existing Passage

S-2Stair

206BreakRoom

S-3Exist. Stair

MezzanineReconstruction Plan

210Exist. Storage

Mezzanine

S-1Stair

Dn

Dn

Prior to negotiating on your behalf, the Broker must provide you the following disclosure statement:

BROKER DISCLOSURE TO CUSTOMERSYou are the customer of the broker. The broker is either an agent of another party in the transaction or a subagent of another broker who is the agent of another party in the transaction. The broker, or a salesperson acting on the behalf of the broker, may provide bro-kerage services to you. Whenever the broker is providing brokerage services to you, the broker owes you, the customer, the following duties:• The duty to provide brokerage services to you fairly and hon-

estly.• The duty to exercise reasonable skill and care in providing

brokerage services to you.• The duty to provide you with accurate information about

market conditions within a reasonable time if you request it, unless disclosure of the information is prohibited by law.

• The duty to disclose to you in writing certain material adverse facts about a property, unless disclosure of the information is prohibited by law (see “Definition of Material Adverse Facts” below).

• The duty to protect your confidentiality. Unless the law re-quires it, the broker will not disclose your confidential infor-mation or the confidential information of other parties (see “Confidentiality Notice to Customers” below).

• The duty to safeguard trust funds and other property the broker holds.

• The duty, when negotiating, to present contract proposals in an objective and unbiased manner and disclose the advantag-es and disadvantages of the proposals.

Please review this information carefully. A broker or salesperson can answer your questions about brokerage services, but if you need legal advice, tax advice, or a professional home inspection, contact an attorney, tax advisor, or home inspector.This disclosure is required by section 452.135 of the Wisconsin statutes and is for information only. It is a plain-language summary of a broker’s duties to a customer under section 452.133(1) of the Wisconsin statutes.

CONFIDENTIALITY NOTICE TO CUSTOMERSBroker will keep confidential any information given to broker in confidence, or any information obtained by broker that he or she knows a reasonable person would want to be kept confidential by law, or authorize the broker to disclose particular information. A broker shall continue to keep the information confidential after broker is no longer providing brokerage services to you.The following information is required to be disclosed by law.1. Material adverse facts, as defined in section 452.01(5g) of the

Wisconsin statutes (see “Definition of Material Adverse Facts” below).

2. Any facts known by the broker that contradict any information included in a written inspection report on the property or real estate that is the subject of the transaction. To ensure that the

broker is aware of what specific information you consider con-fidential, you may list that information below. At a later time, you may also provide the broker with other information that you consider to be confidential.

CONFIDENTIAL INFORMATION:

NON-CONFIDENTIAL INFORMATION (The following information may be disclosed by Broker):

(Insert information you authorize the broker to disclose such as financial qualifica-tion information)

CONSENT TO TELEPHONE SOLICITATIONI/We agree that the Broker and any affiliated settlement service providers (for example, a mortgage company or title company) may call our/my home or cell phone numbers regarding issues, goods, and services related to the real estate transaction until I/we with-draw this consent in writing. List Home/Cell Numbers:

SEX OFFENDER REGISTRYNotice: You may obtain information about the sex offender registry and persons registered with the registry by contacting the Wiscon-sin Department of Corrections on the internet at http://offender.doc.state.wi.us/public/ or by phone at (608) 240-5830.

DEFINITION OF MATERIAL ADVERSE FACTSA “material adverse fact” is defined in Wis. Stat. 452.01(5g) as an adverse fact that a party indicates is of such significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party that it affects or would affect the party’s decision to enter into a contract or agreement concerning a transaction or affects or would affect the party’s decision about the terms of such a contract or agreement. An “adverse fact” is defined in Wis. Stat. 452.01(1e) as a condition or occurrence that a compe-tent licensee generally recognizes will significantly and adversely affect the value of the property, significantly reduce the structural integrity of improvements to real estate, or present a significant health risk to occupants of the property, or information that indi-cates that a party to a transaction is not able to or does not intend to meet his or her obligations under a contract or agreement made concerning the transaction.

No representation is made as to the legal validity of any provision or the adequacy of any provision on any specific transaction.

STATE OF WISCONSINBROKER DISCLOSURE TO NON-RESIDENTIAL CUSTOMERS

Wisconsin law requires all real estate licensees to give the following information about brokerage services to prospective customers.