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1827 Hobbs Drive

Delavan, Wisconsin 53115


Jim Treis
262.853.0225

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$1,425,000


Square Footage
37,360

Property Type
Industrial
Neighborhood
Delavan


Investment opportunity in Delavan, Wi. Property is located near to Hwy 50 and I-43 interchange. Excellent access to Milwaukee, Janesville, Madison & Beloit. Property is leased for three years to a subsidiary of a Nasdaq listed company on a NNN basis. Potential for an additional lease term of five years. Building has been well maintained and is fully sprinkled. Approximately 3800 sq ft of office space. Additional 6600 of covered Loading & Storage Area. Heavy electric throughout. Six overhead doors and a recessed loading dock. Current income equates to a 10% Cap Rate.



Full Features
Built: 1992
Parking Spaces: 62
Cooling System: Central Air,Zoned
Stories: 1
Roof: Metal
Ceiling Height: 22
Zoning: INDUS
# of Drive-In Doors: 6
Rentable Square Feet: 43,960
Building Square Feet: 37,360
Office Square Feet: 3,800
Minimum Ceiling Height: 15
Maximum Ceiling Height: 22
Current Net Income: $15,000


Taxes & Assessments
Taxes: $19,088

Listing Office: d'aprile Properties

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Delavan photo


Delavan

The Wisconsin city of Delavan was once home to clowns, elephants and the “Greatest Show on Earth.” For nearly 50 years, Delavan was home to 26 circus companies, serving as the winter quarters of the U.S. Olympic Circus, the largest…

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1827 Hobbs Drive Delavan, Wisconsin 53115 is a industrial property, which sold for $1,425,000. Want to learn more about 1827 Hobbs Drive Delavan, Wisconsin 53115? Contact an @properties agent to request more info.


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