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Ryan Tedder Purchases Industrial Property In Janesville From George Hicker For $17.71M

Property Image
SOLD
$17,713,971
GH
Rocco Driscoll
Anthony Bird

Wisconsin

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Industrial264,793 SF
Sold 08/26/2025
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Property Image
SOLD

Ryan Tedder Purchases Industrial Property In Janesville From George Hicker For $17.71M

2505 2533 Foster Avenue

See Similar Deals
Industrial264,793 SF
Sold 08/26/2025
GH
Rocco Driscoll
Anthony Bird
the dealplayerscompscontact
Contact now

Summary

WISCONSIN
Asset Type:Industrial
Price Per Square Foot:$66
Total Square Footage:264,793 SF
Transaction Type:Sale

The asset involved in the transaction is an industrial property located at 2505-2533 Foster Avenue in Janesville, WI. The total sale price for the property was $17,713,971, encompassing a total square footage of 264,793 with a price per square foot of $66.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $17,713,971
  • Address: 2505-2533 Foster Avenue
  • Market: Janesville, WI
  • Square Footage: 264,793
  • Price Per Square Foot: $66
  • Buyer: Ryan Tedder
  • Seller: George Hicker
  • Buyer's Representative: Anthony Bird - Surmount
  • Seller's Representative: Rocco Driscoll - Surmount

Ryan Tedder acquired the property from seller George Hicker, with Anthony Bird representing the buyer and Rocco Driscoll representing the seller in this transaction. Both representatives are affiliated with Surmount.

Players

Rocco Driscoll
Surmount
Rocco Driscoll
1 deal$17.7M volume(918) 527-3646
BROKER
Anthony Bird
Surmount
Anthony Bird
5 deals$44.7M volume(917) 697-3215
BROKER
Surmount
Surmount
BROKERAGE
GH
George Hicker
2 deals$25.4M volume
SELLER

Details

SOLD
IMAGE: Anthony Bird, Ryan Tedder & Rocco Driscoll DATE: 8/26/2025 ADDRESS: 2505-2533 Foster Avenue MARKET: Janesville, WI ASSET TYPE: Industrial BUYER: Ryan Tedder SELLER: George Hicker BUYER'S REP: Anthony Bird (@abird7) - Surmount (@WeareSurmount) SELLER'S REP: Rocco Driscoll (@RoccoDrisc) - Surmount SALE PRICE: $17,713,971 SF: 264,793 ~ PPSF: $66

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$944,745.11

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$62,934.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$83,973.26
Annual Debt Service$1,007,679.12