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Listed by GREG GOODENOUGH • PREMIERE PROPERTY GROUP, LLC • Cell: 503-999-9046
$1,500,000
Est. payment /mo
12,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $125
MLS Listing ID 824378
Annual Tax Amount $9,490
Lot Size 0.700 Acres
Acres 0.7
Property Sub-Type Industrial
Property Description
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.
Location
State OR
County Linn
Area 80 Linn County
Exterior
Garage Spaces 12.0
View Territorial
Roof Type Metal or Aluminum
Building
Foundation Slab
Sewer City
Water City
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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