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14060 Interurban Avenue South

Updated Oct 29, 2024

Oak Street Real Estate Capital Acquires Retail Property In Tukwila, WA For $13.4M
SOLDRetail

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.

On the Map

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$13,400,000

$837/SF

Retail

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Players

OC
Oak Street Real Estate CapitalBuyer
MG
Maverick GamingSeller

Tukwila Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $837 per square foot on a published $13.4M for 16,000 square feet (2023).

Browse Tukwila retail sales on Traded.

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

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