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.
Players
Lakewood 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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93