Updated Dec 21, 2023
NorthMarq Arranges $2.5M Acquisition Financing For Retail Property In Woodinville, WA
15610 Northeast Woodinville Duvall Road, Woodinville, Washington 98072, United States
$2,500,000
$165/SF
Building Size
15,094 SF
Asset Type
Retail
Closing
Aug 7, 2022
About this deal
AI
The retail property located at 15610 NE Woodinville Duvall Rd in Woodinville, WA has been involved in a closed transaction. The property spans approximately 15,094 square feet and was acquired through acquisition financing.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,500,000
- Loan Type: Acquisition financing
- Loan Term: 20-year term
The deal was facilitated by Bob Spiro and Scott Moline from NorthMarq. They represented the parties involved in the transaction.
The retail loan at 15610 Northeast Woodinville Duvall Road, Woodinville, Washington 98072, United States in Woodinville, Washington financed for $2.5M in 2022. The building is 15,094 square feet, implying about 165 per square foot on the published price. Scott Moline, Bob Spiro, NorthMarq appear on the loan alongside NorthMarq. This page is the Woodinville, Washington file for the 15610 Northeast Woodinville Duvall Road, Woodinville, Washington 98072, United States retail financed: pricing, party profiles, and other closed retail comps from the same Woodinville sit in the Market section below. Filter that Woodinville retail set by closing date to see what else financed near 15610 Northeast Woodinville Duvall Road, Woodinville, Washington 98072, United States around 2022. Published consideration for 15610 Northeast Woodinville Duvall Road, Woodinville, Washington 98072, United States is $2.5M, dated 2022. Cite this NorthMarq Arranges $2.5M Acquisition Financing For Retail Property In Woodinville, WA loan when underwriting similar retail product around Woodinville, Washington.
Players
Woodinville Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93