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Industrial Flex Investment Opportunity 1122 Candlewood Dr 8,104 SF 88% Leased Industrial Building Keizer, OR 97303 $1,770,187 CAD ($218.43 CAD/SF) 5.58% Cap Rate

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Investment Highlights

  • Total Space: 8,104 SF across eight fully occupied industrial storage units (1,013 SF each)
  • Zoning: Industrial Business Park (IBP), supporting a wide range of industrial storage and commercial activities
  • Lot Size: 0.48 acres, providing ample space with minimal upkeep for industrial storage operations
  • Configuration: Seven industrial storage units feature 18-foot clear height ceilings and one bay loading door
  • Occupancy: 100% leased, ensuring consistent income for industrial storage investors

Executive Summary

NEW TO MARKET! Located at 1122 Candlewood Drive NE in Keizer, Oregon, this industrial storage building offers 8,104 square feet of fully occupied commercial space within the Industrial Business Park (IBP) zone. The freestanding building comprises eight industrial storage units, each 1,013 SF, featuring seven with 18-foot clear height ceilings and one bay loading door. Priced at $1,295,000, the industrial storage building generates a Net Operating Income (NOI) of $72,261, delivering a solid 5.58% capitalization rate. Situated on a 0.48-acre lot, this low-maintenance industrial storage property is a compelling investment opportunity in Keizer’s thriving industrial storage market.

Property Facts

Price $1,770,187 CAD
Price Per SF $218.43 CAD
Sale Type Investment
Cap Rate 5.58%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.44 AC
Rentable Building Area 8,104 SF
No. Stories 1
Year Built 2020
Parking Ratio 0.12/1,000 SF
Zoning IBP - Industrial Business Park

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 102
  • 1,013 SF
  • Industrial
  • -
  • Now

Flex warehouse with 1,013 SF of space, featuring an 18'-foot clear height and one bay loading door. Located within the industrial business park (IBP) zone in Keizer Oregon.

Space Size Space Use Condition Available
1st Fl - 102 1,013 SF Industrial - Now

1st Fl - 102

Size
1,013 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 102

Size 1,013 SF
Space Use Industrial
Condition -
Available Now

Flex warehouse with 1,013 SF of space, featuring an 18'-foot clear height and one bay loading door. Located within the industrial business park (IBP) zone in Keizer Oregon.

Property Taxes

Property Taxes

Parcel Number
360038
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$505,578 CAD
  • Listing ID: 36604212

  • Date on Market: 2025-07-03

  • Last Updated:

  • Address: 1122 Candlewood Dr, Keizer, OR 97303

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