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11611 49th Place West, Muki...

Sienna Technologies Acquires Industrial Property In Mukilteo, WA For $8.2M
SOLDIndustrial

Sienna Technologies Acquires Industrial Property In Mukilteo, WA For $8.2M

11611 49th Place West, Mukilteo, Washington 98275, United States

$8,200,000

$227,777/SF

Building Size

36 SF

Asset Type

Industrial

Closing

Jan 16, 2023

AI

The industrial property located at 11611 49th Place W in Mukilteo, WA has been sold. Sienna Technologies is the buyer of this property, which was represented by Zach Vall-Spinosa and Ryan Foster from Kidder Mathews. The sale price for this transaction was $8,200,000. The property spans 36,000 square feet, resulting in a price per square foot of $228.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $8,200,000
  • Buyer: Sienna Technologies
  • Brokers: Zach Vall-Spinosa & Ryan Foster - Kidder Mathews
  • Address: 11611 49th Place W, Mukilteo, WA
  • Market: Mukilteo, WA
  • Square Footage: 36,000
  • Price Per Square Foot: $228

Zach Vall-Spinosa and Ryan Foster, from Kidder Mathews, played a crucial role as the brokers representing Sienna Technologies in this industrial property transaction.

Players

Zach Vall-Spinosa

Kidder Mathews

Broker

$188.4M

vol

4 deals

Broker

Mukilteo 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

1.93%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93