Daily limit: 0/10
Rood Investments Acquires Willamette Marketplace Office Property In West Linn For $21.6M
SOLD
Oregon
See Similar DealsOffice63,000 SF
Sold 09/11/2025
SOLD
Rood Investments Acquires Willamette Marketplace Office Property In West Linn For $21.6M
2020 8th Avenue
See Similar DealsOffice63,000 SF
Sold 09/11/2025
Summary
OREGON
Asset Type:Office
Price Per Square Foot:$342
Total Square Footage:63,000 SF
Transaction Type:Sale
The property asset involved in this transaction is an office located at 2020 8th Ave in West Linn, OR. The asset has a total square footage of 63,000 and was sold for $21,600,000, resulting in a price per square foot of $343.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $21,600,000
- Address: 2020 8th Ave
- Market: West Linn, OR
- Asset Size: 63,000 SF
- Price per Square Foot: $343
- Buyer: Rood Investments
- Broker Team: Nick Kucha, James Childress, Kellen Kollmorgen & Jakob Nicholls - Newmark
Rood Investments is the buyer of the asset, having acquired Willamette Marketplace, a substantial office and retail property. The transaction was facilitated by a team of brokers from Newmark, representing the buyers effectively in this deal.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,152,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$76,740.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$102,395.02
Annual Debt Service$1,228,740.24
Is there something missing? Send suggestions