$185MM Mixed-Use Loan Sale | Washington, DC
US - Washington, DC
A$279,754,000 | 45,411 m²
Nyberg Rivers is a 297,987 square foot, top-performing grocery anchored center located at 7663 SW Nyberg St. in Tualatin, Oregon. Just 12 miles South of Portland, the Property is optimally located along a main retail corridor near the junction of the I-5 (169,000 VPD) and SW Nyberg Street (47,532 VPD). At 99.5% occupied, the center boasts a strong and diverse tenant roster including Cabela’s, New Seasons Market, LA Fitness, Michael’s, and several others. Nyberg Rivers is available with attractive assumable financing well inside current market rates at a fixed rate of 3.641%, full-term interest only.
Nyberg Woods is a 214,060 square foot, top-performing community shopping center located at 7061 SW Nyberg St., Tualatin, Oregon, just 12 miles South of Portland and adjacent to Nyberg Rivers. Developed in 2017, the Property is optimally located off Interstate 5 and SW Nyberg Street with access to over 200,000 vehicles per day. Nyberg Woods is available with assumable financing well inside of current market rates at a fixed rate of 3.641%, full-term interest only. At 96.3% occupancy, the center boasts a strong and diverse tenant roster, including Best Buy, Old Navy, Ulta, PetSmart and a mix of curated food & beverage tenants. The low, fixed-rate debt, coupled with strong occupancy, allows for new ownership to acquire a stabilized property while still benefiting from strong cash-on-cash returns.