33000 Tennessee - Distribution FOR SALE


Lebanon, OR 97355
$1,500,000 USD
503-999-9046
33000 Tennessee, Lebanon, OR for Sale
$1,500,000 USD
Distribution - FOR SALE
1/13
null | 6.4% Cap Rate

33000 Tennessee
Lebanon, OR 97355


HIGHLIGHTS

  • Newer construction industrial investment
  • Close proximity to I-5
  • Low vacancy industrial market
  • Multi-tenant plus Seller leaseback for 1/2 building

OVERVIEW

Industrial investment property with 12,000 SF of low maintenance, newer construction, multi-tenant warehouse space located in a low-vacancy market close to I-5 in mid-Willamette Valley. Stabilized tenancy includes ½ building occupied by Seller ready to lease back on favorable terms. Buy in at below-market cost to replace and enjoy solid cashflow with a significant upside as current capitalization rate in the mid-6’s based on actuals bumps into the 7’s based on a realistic proforma. Drive-by’s welcome and tours possible by appointment only for single 1,000 SF space currently vacant plus ½ building occupied by Seller. Call listing agent with questions or to schedule. Please not disturb tenants.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

27 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7

LAND SF

30,492

ZONING

Industrial

APN/PARCEL ID

0344248

ASK ABOUT THIS PROPERTY

Greg GoodenoughPremiere Property Group, LLCMore Info
503-999-9046

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Greg GoodenoughPremiere Property Group, LLCMore Info
503-999-9046

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