1827 Hobbs Dr, Delavan WI 53115-2028 Sold for $1,425,000 on 12/29/2017

1827 Hobbs Dr, Delavan 4.5 Acres $1,500,000 Sold

  • Commercial/Industrial
  • Status: Sold
  • Est. Square Footage: 37,360
  • Est. Year Built: 1992
  • County: Walworth
  • Postal Municipality: Delavan
  • MLS#: 1552342
  • Listing Company: D'Aprile Properties
  • Price/SqFt: $40

1827 Hobbs Dr, Delavan, WI 53115-2028 - 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.

Additional Features
  • None
  • Heating/Cooling: Forced Air, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Roof: Metal
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1552342 Sold ActiveWO Jan 2 2018 2:09PM $1,425,000 65
1552342 ActiveWO Active Dec 5 2017 6:13PM 65
1552342 Active ActiveWO Nov 25 2017 11:45AM 65
1552342 ActiveWO Active Oct 2 2017 9:19AM 65
1552342 Active Sep 26 2017 6:45PM $1,500,000 65

Estimated Monthly Payment

$3,287 per month
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