Updated Dec 21, 2023
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.
On the Map
$35,000,000
Industrial
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Players
Tukwila Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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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