Updated Dec 21, 2023
CBRE Acquires Retail Property In Issaquah, WA For $57M
1170 Northwest Gilman Boulevard, Issaquah, Washington 98027, United States
$57,000,000
$343/SF
Building Size
166,000 SF
Asset Type
Retail
Closing
Aug 17, 2022
About this deal
AI
The retail property located at 1170 NW Gilman Blvd in Issaquah, WA has recently been sold for a total price of $57,000,000. The property spans over 166,000 square feet, resulting in a price per square foot of $343. The sale was completed on August 18, 2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $57,000,000
- Square Footage: 166,000
- Price Per Square Foot: $343
- Address: 1170 NW Gilman Blvd, Issaquah, WA
The sale of this retail property was facilitated by Dino Christophilis and Daniel Tibeau of CBRE.
On the Map
$57,000,000
$343/SF
Retail
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Issaquah Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93