Kidder Mathews is pleased to present a 17.9-Acre industrial property in Portland's Airport Way submarket.
The site is 17.9 acres with approximately 14.1 acres improved as a laydown/equipment yard facility with six (6) buildings totaling approximately 13,071 SF comprised of vehicle service, storage, and office areas. The yard area is graded, graveled, and fenced with electronic gate access.
The site is leased on a short-term basis to various tenants including the Seller entity (Pacific Service Center). The property is well-suited to either a user who would occupy the entire site, taking advantage of the short-term income while securing long term tenants at market rents, or to a buyer who will redevelop the property which is located in an Oregon designated Opportunity Zone and economic Enterprise Zone. As such it represents a "plug and play" Industrial Outdoor Storage (IOS) opportunity.