Tesla, Inc Leases Industrial Property In Marysville, WA With Brokers Matt Wood & Hans Vieser - KBC Advisors, And Matthew P. Henn & Matt Hagen - Kidder Mathews
16015 51st Avenue Northeast Marysville, Washington 98271, USA
Building Size
245,000 SF
Asset Type
Industrial
Closing
May 2, 2023
AI
The industrial property located at 16015 51st Ave. NE in Marysville, WA has recently been leased. Spanning a total area of 245,000 square feet, this property offers ample space for various industrial activities. The lease transaction involving this property was finalized on 05/02/2023.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Tesla, Inc
- Address: 16015 51st Ave. NE, Marysville, WA
- Market: Marysville, WA
- Square Footage: 245,000 SF
The deal was facilitated by the brokers Matt Wood and Hans Vieser from KBC Advisors, as well as Matthew P. Henn and Matt Hagen from Kidder Mathews. With their expertise in the industry, these brokers successfully represented the tenant, Tesla, Inc, in securing the lease for this industrial property.
Players
Marysville Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93