Redmond Industrial Park FOR SALE


Redmond, OR
$28,780,287 USD
541-323-6459
, Redmond, OR for Sale
$28,780,287 USD
FOR SALE
1/14
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Redmond Industrial Park
Redmond, OR


HIGHLIGHTS

  • 7% CAP-Immediate Cash Flow
  • Easy access to Hwy 126 East which connects to State Highway 20 providing a transportation and distribution network to Boise, Idaho and beyond.
  • 1.56 Miles to Redmond Airport
  • Visible from North & Southbound Highway 97
  • M-2 Heavy Industrial Zoning
  • Rail Spur has possibility to re-establish

OVERVIEW

Extraordinary Industrial Development Portfolio Opportunity with current cash-flow in Central Oregon. The property not only offers immediate current cash flow (7% CAP-Gross Op. Income $1,762,896-NOI:$1,314,600) ensuring a steady and reliable income stream from day one, but also presents an exciting opportunity to phase-in future development of the M-2 zoned Industrial land. This rare combination makes it ideal for those seeing both immediate returns and long term capital appreciation. Redmond Industrial Park is 100% leased. The excellent upside potential for this offering is only limited to one's conceptual vision with the added bonus of the in-demand additional M-2 heavy industrial zone parcels that are in short supply in Central Oregon. Confidentiality Agreement is required for additional information. Please contact listing Broker (Tom Tapia) for additional information and details. LAND: Total Acreage: 44.61+/- M-2 Zoned Acreage Development Ready: 30.61+/- M-2 Zoned Acreage INDUSTRIAL FACILITIES: Total Rentable Square Footage: 195,520+/- RSF Occupancy: 100% Leased Total Number of Tenants: Twelve (12)

ASK ABOUT THIS PROPERTY

Tom TapiaFratzke Commercial Real Estate Advisors, Inc.More Info
541-323-6459

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Tom TapiaFratzke Commercial Real Estate Advisors, Inc.More Info
541-323-6459

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