Ryan Tedder Purchases Industrial Property In Janesville From George Hicker For $17.71M
2505 2533 Foster Avenue
$17,713,971
$66/SF
Building Size
264,793 SF
Asset Type
Industrial
Closing
Aug 25, 2025
AI
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
Janesville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.90%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93