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10107 South Tacoma Way, Lak...

MCA Realty Sells Industrial Property In Lakewood, WA For $32.9M
SOLDIndustrial

MCA Realty Sells Industrial Property In Lakewood, WA For $32.9M

10107 South Tacoma Way, Lakewood, Washington 98499, United States

$32,900,000

$241/SF

Building Size

136,350 SF

Asset Type

Industrial

Closing

Oct 20, 2022

AI

The industrial property located at 10107 South Tacoma Way in Lakewood, WA, has been sold in a closed transaction. The property, spanning 136,000 square feet, was sold by MCA Realty. The deal was facilitated by Brett Hartzell, Paige Morgan, and Rebecca Perlmutter of CBRE. The sale price for the property was $32,900,000, resulting in a price per square foot of $242.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $32,900,000
  • Address: 10107 South Tacoma Way, Lakewood, WA
  • Market: Lakewood, WA
  • Seller: MCA Realty
  • Brokers: Brett Hartzell, Paige Morgan, and Rebecca Perlmutter - CBRE
  • Square Footage: 136,000
  • Price Per Square Foot: $242

The deal was successfully completed thanks to the efforts of Brett Hartzell, Paige Morgan, and Rebecca Perlmutter from CBRE, who represented the parties involved in the transaction.

Players

Gary Stache

CBRE

Broker

$481.9M

vol

33 deals

Broker
MCA Realty
MCA RealtySeller

Lakewood Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93