Updated Oct 29, 2024
Oak Street Real Estate Capital Acquires Retail Property In Tukwila, WA For $13.4M
14060 Interurban Avenue South
$13,400,000
$837/SF
Building Size
16,000 SF
Asset Type
Retail
Closing
Jun 9, 2023
About this deal
AI
The retail property located at 14060 Interurban Avenue South in Tukwila, WA was recently sold in a transaction. The property spans across 16,000 square feet and was sold at a price of $13,400,000, resulting in a price per square foot of $838.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,400,000
- Address: 14060 Interurban Avenue South, Tukwila, WA
The buyer in this transaction was Oak Street Real Estate Capital. On the other hand, Maverick Gaming acted as the seller. Their representatives played a key role in negotiating the deal.
Players
Tukwila 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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93