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33000 Tennessee 12,000 SF 100% Leased Industrial Building Lebanon, OR 97355 $2,065,335 CAD ($172.11 CAD/SF) 6.40% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Newer construction industrial investment
  • Low vacancy industrial market
  • Close proximity to I-5
  • Multi-tenant plus Seller leaseback for 1/2 building

EXECUTIVE SUMMARY

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. Drive-by’s welcome and tours possible by appointment only for single 1,000 SF space currently vacant plus ½ building occupied by Seller. Call listing agent with questions or to schedule. Please not disturb tenants.

ATTACHMENTS

Tennesse Rd OM

PROPERTY FACTS

Price $2,065,335 CAD
Price Per SF $172.11 CAD
Sale Type Investment NNN
Cap Rate 6.40%
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype
Distribution
  • Industrial Warehouse
Building Class B
Lot Size 0.70 AC
Rentable Building Area 12,000 SF
No. Stories 1
Year Built 2020
Parking Ratio 1/1,000 SF
Clear Ceiling Height 27’
No. Drive In / Grade-Level Doors 6
Cross Streets Beaton Ln
Zoning Industrial - City of Lebanon Z-Ind (Industrial)

AMENITIES

  • Front Loading
  • Signage
  • Storage Space

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Grocery Depot
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Grocery Depot Retailer 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0344248
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$661,871 CAD
  • Listing ID: 34469371

  • Date on Market: 2025-01-13

  • Last Updated:

  • Address: 33000 Tennessee, Lebanon, OR 97355

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