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Wine Shipping Building 2803 NE Orchard Ave 171,000 SF 100% Leased Industrial Building McMinnville, OR 97128 $18,146,960 CAD ($106.12 CAD/SF) 8.19% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Rent Escalations: 3% Annual Increases
  • Large Industrial facility in the heat of Oregon's Wine Country
  • NOI (Effective Jan. 2026): $1,065,084.00
  • Storage and shipping capacity for approx. 700,000 cases of wine

EXECUTIVE SUMMARY

Large glycol system climate controlled warehouse on a 13+ acre site with room for expansion. The rail served property was built in phases with varied clear heights, the latest phase was 60,000 SF built in 2008. The property is perfectly situated in the heart of Oregon's one-billion-dollar wine industry. It is 45 minutes south of Portland and one of Oregon's most livable communities, a central location for all of the region's vineyards.
TENANT INFORMATION
Wineshipping.com LLC occupies the entire facility and currently provides bonded wine storage and shipping services for approximately 700,000 cases of wine. Wineshipping.com is the highest volume shipper of wine in the US and their network of warehouses provides over 99% consumer reach within two days or less.

PROPERTY FACTS

Price $18,146,960 CAD
Price Per SF $106.12 CAD
Sale Type Investment NNN
Cap Rate 8.19%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 12.75 AC
Rentable Building Area 171,000 SF
No. Stories 1
Year Built 2008
Parking Ratio 0.39/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning M-2 - General Industrial

AMENITIES

  • Cooler
  • Freezer (Space)
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
128659
Land Assessment
$3,171,091 CAD
Improvements Assessment
$9,785,930 CAD
Total Assessment
$12,957,021 CAD
  • Listing ID: 35084106

  • Date on Market: 2025-03-10

  • Last Updated:

  • Address: 2803 NE Orchard Ave, McMinnville, OR 97128

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