Zenith Industrial Outdoor Storage Acquires 11.6-Acre Industrial Property In Pacific, WA For $21M
SOLD
$21,000,000
Washington
See Similar DealsIndustrial
Sold 11/02/2022
SOLD
Zenith Industrial Outdoor Storage Acquires 11.6-Acre Industrial Property In Pacific, WA For $21M
1000 Butte Avenue Southeast, Pacific, Washington 98047, United States
See Similar DealsIndustrial
Sold 11/02/2022
Summary
WASHINGTON
Asset Type:Industrial
Transaction Type:Sale
Located at 1000 Butte Avenue SE in Pacific, WA, this industrial property spans across 11.6 acres. The property was recently sold for a notable price.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $21,000,000
- Address: 1000 Butte Avenue SE, Pacific, WA
- Market: Pacific, WA
- Buyer: Zenith Industrial Outdoor Storage
- Seller: Butte Ave Properties, LLC
- Broker: Matt Murray - Kidder Mathews
The buyer, Zenith Industrial Outdoor Storage, acquired this industrial property from the seller, Butte Ave Properties, LLC. The deal was facilitated by Matt Murray of Kidder Mathews. With this transaction, Zenith Industrial Outdoor Storage has expanded its portfolio in the Pacific, WA market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,120,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$74,608.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$99,550.71
Annual Debt Service$1,194,608.56
Is there something missing? Send suggestions