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Northstar Market LLC Acquires Retail Property In The Dalles From Robert N. Magid For $2.3M
SOLD
$2,300,000
Oregon
See Similar DealsRetail11,335 SF
Sold 01/21/2026
SOLD
Northstar Market LLC Acquires Retail Property In The Dalles From Robert N. Magid For $2.3M
3560 West 6th Street
See Similar DealsRetail11,335 SF
Sold 01/21/2026
Summary
OREGON
Asset Type:Retail
Price Per Square Foot:$202
Total Square Footage:11,335 SF
Transaction Type:Sale
A retail property located at 3560 West 6th Street in The Dalles, OR has been sold for $2,300,000. The property spans a total area of 11,335 square feet, with a price per square foot calculated at $203.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,300,000
- Buyer: Northstar Market LLC
- Seller: Robert N. Magid
- Buyer's Representative: Jessica Kaur - Knipe Realty EA Powered
- Seller's Representative: Doug Carter - Norris & Stevens
- Square Footage: 11,335
- Price per Square Foot: $203
This transaction involved Jessica Kaur representing the buyer, Northstar Market LLC, while Doug Carter acted on behalf of the seller, Robert N. Magid. Norris & Stevens facilitated the entire sale process for the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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