Updated Oct 28, 2024
Evergreen WA LLC Acquires Retail Property In Lakewood, WA For $22.1M
9811 South Tacoma Way, Lakewood, Washington 98499, United States
$22,100,000
$2,056/SF
Building Size
10,747 SF
Asset Type
Retail
Closing
Sep 1, 2022
About this deal
AI
The retail property located at 9811 S Tacoma Way in Lakewood, WA was recently sold for a total price of $22,100,000. The property spans a total area of 10,747 square feet, resulting in a price per square foot of $2,056. The transaction took place on September 2, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $22,100,000
- Address: 9811 S Tacoma Way, Lakewood, WA
- Market: Lakewood, WA
- Buyer: Evergreen WA LLC
- Seller: Maverick Caribbean LLC
- Square Footage: 10,747
- Price per Square Foot: $2,056
The buyer in this transaction was Evergreen WA LLC, while Maverick Caribbean LLC acted as the seller. Their respective representatives facilitated the deal.
On the Map
$22,100,000
$2,056/SF
Retail
View full map
Players
Lakewood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Washington retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93