120-220 Palmer Ave - Warehouse FOR SALE


Cottage Grove, OR 97424
$2,600,000 USD
541-484-2214
120-220 Palmer Ave, Cottage Grove, OR for Sale
$2,600,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

120-220 Palmer Ave
Cottage Grove, OR 97424


OVERVIEW

LEASED INDUSTRIAL BUILDING. OWNER-USER or INVESTMENT OPPORTUNITY. 120 - 220 Palmer Avenue is a well-maintained 21,990-square-foot building on 1.02 acres of industrial land, spread across 2 tax lots. Constructed in 1985 with reinforced concrete, the building includes 2 grade-level and 4 dock-height doors. Ample parking, with 30 on-site spots plus street parking. Tenants include Emerald Fitness Club, which is leasing 17,000 square feet until 12/01/2024 (with three 5-year renewal options) at $7,000/month plus utilities, and Agricola Collective, a cannabis facility, which is occupying 4,990 square feet on a month-to-month basis at $9,400/month.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Leased Industrial Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

4

DRIVE INS

2

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.51

LAND SF

22,216

ZONING

M

APN/PARCEL ID

1247426

ASK ABOUT THIS PROPERTY

Billy PollockCampbell Commercial Real EstateMore Info
541-484-2214

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Billy PollockCampbell Commercial Real EstateMore Info
541-484-2214

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.