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$1,425,000
Favorite
37,360
square ft

1827 Hobbs Drive

Delavan, Wisconsin 53115
Closed / MLS #9761853 / Industrial / Delavan
Listing information updated 3/1/2019 at 12:23pm
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

Acreage:
4.5
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

Tax Amount:
$19,088
Tax Year:
N/A

Location

Zip Code:
53115
City:
Delavan
County:
Other

Listing Office: d''aprile Properties

Listing Office Phone: 262.394.7615

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/1/2019 at 12:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Delavan

Delavan, WI

One of the most popular resort communities in Southeast Wisconsin, Delavan is known for its beautiful lake and unique history. For nearly 50 years, Delavan was home to 26 circus companies, serving as the winter quarters of the U.S. Olympic Circus. The city’s circus past was recognized with a U.S....
$379,777
Average Sale Price
52
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1827 Hobbs Drive, Delavan, WI 53115

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1827 Hobbs Drive is a industrial which sold for $1,425,000. This industrial has been listed on @properties since September 26th, 2017 and was built in 1992.

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