Marcus & Millichap Sells The Junction Industrial Property In Woodinville For $10.5M
19151 144th Avenue Northeast
$10,500,000
$338/SF
Building Size
31,000 SF
Asset Type
Industrial
Closing
Jun 4, 2025
AI
The Junction, an industrial property located at 19151 144th Avenue Northeast in Woodinville, WA, was sold for $10.5 million. The property spans approximately 31,000 square feet and was 93% leased at the time of sale. The transaction involved a limited liability company as the seller, and the property has a price per square foot of $339.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,500,000
- Square Footage: 31,000
- Address: 19151 144th Avenue Northeast
- Market: Woodinville, WA
- Price per Square Foot: $339
- Broker Representatives: John Marks & RJ Vara - Marcus & Millichap
Marcus & Millichap's John Marks and RJ Vara represented the seller in this transaction involving the industrial property. The buyer details remain undisclosed, and the asset's leasing status was notable during the sale.
Players
Woodinville 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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93