Updated Dec 4, 2024
HDA Partners Acquires Y Plaza Retail Center In Vancouver For $3.6M
14602 Northeast Fourth Plain Boulevard
$3,600,000
Building Size
—
Asset Type
Retail
Closing
Oct 24, 2023
About this deal
AI
A 22,000-square-foot retail center located at 14602 Northeast Fourth Plain Boulevard in Vancouver, WA has been sold for a total of $3,600,000. The property, known as Y Plaza, was acquired by HDA Partners in a recent transaction.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,600,000
- Address: 14602 Northeast Fourth Plain Boulevard, Vancouver, WA
- Market: Vancouver, WA
HDA Partners, the buyer, purchased Y Plaza in Vancouver, WA. The seller, Slosar Properties, was represented by Deborah Ewing of Fuller Group Commercial Real Estate Services during the transaction. On the other hand, Eric M. Garske of Marcus & Millichap served as the buyer's representative. The deal was successfully closed with HDA Partners acquiring the property for $3.6 million.
Players
Vancouver 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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93