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19151 144th Avenue Northeast

Marcus & Millichap Sells The Junction Industrial Property In Woodinville For $10.5M
SOLDIndustrial

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

RJ Vara

Marcus & Millichap

Broker

$75.1M

vol

13 deals

Broker

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