facebook
Traded Co logo
Submit
Daily limit: 0/10

HDA Partners Acquires Y Plaza Retail Center In Vancouver For $3.6M

Property Image
SOLD
$3,600,000

Washington

See Similar Deals
Retail
Sold 10/24/2023
the dealplayerscompscontact
Property Image
SOLD

HDA Partners Acquires Y Plaza Retail Center In Vancouver For $3.6M

14602 Northeast Fourth Plain Boulevard

See Similar Deals
Retail
Sold 10/24/2023
Contact now

Summary

WASHINGTON
Asset Type:Retail
Transaction Type:Sale

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

Eric M. Garske
2 deals$5.2M volume(503) 200-2031
BROKER

Deborah Ewing
Fuller Group Commercial Real Estate Services
1 deal$3.6M volume(360) 597-0566
BROKER

Details

SOLD
IMAGE: Eric M. Garske & Deborah Ewing DATE: 10/24/2023 ADDRESS: 14602 Northeast Fourth Plain Boulevard MARKET: Vancouver, WA ASSET TYPE: Retail BUYER: HDA Partners SELLER: Slosar Properties BUYER'S REP: Eric M. Garske - Marcus & Millichap SELLER'S REP: Deborah Ewing - Fuller Group Commercial Real Estate Services SALE PRICE: $3,600,000 NOTE: HDA Partners acquired Y Plaza, a 22,000-square-foot retail center near Portland in Vancouver, for $3.6 million. Slosar Properties, the seller, was represented by Deborah Ewing of Fuller Group Commercial Real Estate Services, while HDA was represented by Eric Garske of Marcus & Millichap in the transaction.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$192,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04