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18375 Olympic Avenue South,...

Updated Dec 21, 2023

Colliers Acquires Industrial Property In Tukwila, WA For $35M
SOLDIndustrial

Colliers Acquires Industrial Property In Tukwila, WA For $35M

18375 Olympic Avenue South, Tukwila, Washington 98188, United States

$35,000,000

Building Size

Asset Type

Industrial

Closing

Jun 2, 2022

About this deal

AI

The industrial property located at 18375 Olympic Ave S in Tukwila, WA has been sold for a transaction amount of $35,000,000. The property is situated in the Tukwila market and is characterized as an industrial asset.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $35,000,000
  • Address: 18375 Olympic Ave S, Tukwila, WA
  • Brokers: Matt McGregor & Bill Condon - Colliers

Matt McGregor and Bill Condon from Colliers were the brokers involved in facilitating this transaction. They represented the buyer and seller in this deal.

Players

Matt McGregor

Colliers

Broker

$141M

vol

2 deals

Broker

Tukwila 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

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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