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14200 Southwest Barrows Roa...

OPI Aloha LLC & RYL Court LLC Acquires Retail Property In Tigard, OR For $4.7M
SOLDRetail

OPI Aloha LLC & RYL Court LLC Acquires Retail Property In Tigard, OR For $4.7M

14200 Southwest Barrows Road, Tigard, Oregon 97223, United States

$4,700,000

$587/SF

Building Size

7,999 SF

Asset Type

Retail

Closing

Aug 28, 2022

AI

The property involved in the transaction is a retail asset located at 14200 & 14250 SW Barrows Road in Tigard, Oregon. The property spans approximately 1.1 acres.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,700,000
  • Address: 14200 & 14250 SW Barrows Road, Tigard, OR
  • Market: Tigard, OR
  • Size: 7,999 square feet
  • Sale Price per Square Foot: $588

The buyer of the property is OPI Aloha LLC and RYL Court LLC, while CFH Limited Partnership is the seller. Todd VanDomelen from Norris & Stevens represents the buyers, and Dean Wier from WG Real Estate Investment Services represents the seller.

Players

Todd VanDomelen

Norris & Stevens

Broker

$14.8M

vol

5 deals

Broker

Tigard Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.38%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93