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2505 2533 Foster Avenue

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

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

Rocco Driscoll

Surmount

Broker

$17.7M

vol

1 deal

Broker
Surmount
SurmountBrokerage

Ryan Tedder

Buyer

$30.7M

vol

2 deals

Buyer

George Hicker

Seller

$25.4M

vol

2 deals

Seller

Janesville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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