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31840 Southwest Charbonneau...

Perseverance LLC Acquires Retail Property In Wilsonville, OR For $1.5M
SOLDRetail

Perseverance LLC Acquires Retail Property In Wilsonville, OR For $1.5M

31840 Southwest Charbonneau Drive

$1,500,000

$152/SF

Building Size

9,828 SF

Asset Type

Retail

Closing

Dec 7, 2023

AI

An retail property located at 31840 Southwest Charbonneau Drive in Wilsonville, OR has been sold. The property consists of 9,828 square feet and was sold for a price of $1,500,000, resulting in a price per square foot of $153.

Summary of transation details

  • Property Type: Retail
  • Sale Price: $1,500,000
  • Square Footage: 9,828
  • Price per Square Foot: $153

The buyer of the property is Perseverance LLC, while the seller is FFF Charbonneau LLC. The buyer was represented by Daniel Silvey from Knipe Realty, and the seller was represented by Michael Brown & Todd VanDomelen from Norris & Stevens.

Players

Todd VanDomelen

Norris & Stevens

Broker

$14.8M

vol

5 deals

Broker
PL
Perseverance, LLCBuyer

Wilsonville 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93