Updated Oct 28, 2024
Terreno Realty Corp Acquires 3.5 Acres Of Land In Redmond, WA For $20M
8660 Willows Road Northeast, Redmond, Washington 98052, United States
$20,000,000
Building Size
—
Asset Type
—
Closing
Jun 22, 2022
About this deal
AI
The property involved in this transaction is a land located at 8660 Willows Rd, Redmond, WA. The land measures approximately 3.5 acres. The sale of this property took place on June 23, 2022.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $20,000,000
Terreno Realty Corporation acted as the buyer in this transaction. They were represented by their broker in the deal.
The commercial sale at 8660 Willows Road Northeast, Redmond, Washington 98052, United States in Redmond, Washington sold for $20M in 2022. This page is the Redmond, Washington file for the 8660 Willows Road Northeast, Redmond, Washington 98052, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Redmond sit in the Market section below. Filter that Redmond commercial set by closing date to see what else sold near 8660 Willows Road Northeast, Redmond, Washington 98052, United States around 2022. Published consideration for 8660 Willows Road Northeast, Redmond, Washington 98052, United States is $20M, dated 2022. Cite this Terreno Realty Corp Acquires 3.5 Acres Of Land In Redmond, WA For $20M sale when underwriting similar commercial product around Redmond, Washington.
Players
Redmond CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93