Marcus & Millichap Facilitates $9.6 Million Sale Of 192nd Plaza Retail Property In Camas
2005 Southeast 192nd Avenue & 2011 Southeast 192nd Avenue
$9,600,000
$137/SF
Building Size
69,846 SF
Asset Type
Retail
Closing
Aug 5, 2024
AI
The sale involved a retail property located at 2005 Southeast 192nd Avenue and 2011 Southeast 192nd Avenue in Camas, WA. The transaction was finalized for $9,600,000, with the property covering a total area of 34,923 square feet, resulting in a price per square foot of $275.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,600,000
- Square Footage: 34,923
- Price per Square Foot: $275
- Address: 2005 Southeast 192nd Avenue & 2011 Southeast 192nd Avenue
- Market: Camas, WA
The transaction was facilitated by brokers Clayton Brown, Dylan Wolf, and Ruthanne Loar from Marcus & Millichap, representing the local investors who acquired the property.
Players
Camas 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
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93