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Daniel Eisenstadt Of Terramed Real Estate Solutions Acquires Retail Asset In Tacoma For $12.6M
SOLD
$12,600,000
Washington
See Similar DealsRetail27,199 SF
Sold 10/14/2025
SOLD
Daniel Eisenstadt Of Terramed Real Estate Solutions Acquires Retail Asset In Tacoma For $12.6M
2505 South 80th Street
See Similar DealsRetail27,199 SF
Sold 10/14/2025
Summary
WASHINGTON
Asset Type:Retail
Price Per Square Foot:$463
Total Square Footage:27,199 SF
Transaction Type:Sale
The property asset involved in the transaction is a retail space located at 2505 South 80th Street in Tacoma, WA. It was sold for $12,600,000, covering an area of 27,199 square feet, which equates to a price per square foot of $463.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $12,600,000
- Address: 2505 South 80th Street
- Market: Tacoma, WA
- Square Footage: 27,199
- Price Per Square Foot: $463
Daniel Eisenstadt from Terramed Real Estate Solutions acted as the buyer in this transaction, where Terramed Real Estate Solutions acquired the Summit Veterinary Referral Center. This acquisition was partially executed through a 721 UPREIT exchange.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$672,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,765.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,730.43
Annual Debt Service$716,765.14
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