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Industrial Flex Investment Opportunity 1120 Candlewood Dr NE 7,000 SF Industrial Building Keizer, OR 97303 $1,477,078 CAD ($211.01 CAD/SF) 5.94% Cap Rate
Investment Highlights
- Total Space: 7,000 SF in a single, fully occupied industrial flex unit
- Zoning: Industrial Business Park (IBP), supporting a broad range of industrial flex and commercial activities
- Occupancy: 100% leased, ensuring reliable cash flow for industrial flex investors
- Configuration: Features three drive-thru bays and one loading bay door, ideal for versatile industrial flex operations
- Lot Size: 0.97 acres, providing ample space for industrial flex operations with minimal upkeep
Executive Summary
NEW TO MARKET! Located at 1120 Candlewood Drive NE in Keizer, Oregon, this industrial flex building offers 7,000 square feet of fully occupied commercial space within the Industrial Business Park (IBP) zone. The freestanding building features a single, well-designed industrial flex unit equipped with three drive-thru bays and one loading bay door, completely refurbished in 2020 to modern standards. Priced at $1,095,000, the industrial flex building generates a Net Operating Income (NOI) of $65,043, delivering a strong 5.94% capitalization rate. Situated on a spacious 0.97-acre lot, this low-maintenance industrial flex property is a prime investment opportunity in Keizer’s thriving industrial flex market.
Property Facts
| Price | $1,477,078 CAD | Lot Size | 0.97 AC |
| Price Per SF | $211.01 CAD | Rentable Building Area | 7,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.94% | Year Built | 2022 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B | ||
| Zoning | IBP - Industrial Business Park | ||
| Price | $1,477,078 CAD |
| Price Per SF | $211.01 CAD |
| Sale Type | Investment |
| Cap Rate | 5.94% |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 0.97 AC |
| Rentable Building Area | 7,000 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Tenancy | Single |
| Zoning | IBP - Industrial Business Park |
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Property Taxes
| Parcel Number | 576686 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $427,557 CAD |
Property Taxes
Parcel Number
576686
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$427,557 CAD
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Industrial Flex Investment Opportunity | 1120 Candlewood Dr NE
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