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.
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