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Bldg 4 - Candlewood Court Industrial Park 3642-3646 Candlewood Ct NE 3,246 SF 100% Leased Flex Building Keizer, OR 97303 $865,470 CAD ($266.63 CAD/SF) 5.47% Cap Rate
INVESTMENT HIGHLIGHTS
- Total Space: 2,595 SF across four fully occupied industrial flex units
- Configuration: Each industrial flex unit includes one drive-in bay door, warehouse space, and a mezzanine with a small office
- Lot Size: 0.12 acres, minimizing maintenance costs for industrial flex operations
- Owner User Flexibility: One tenant on a month-to-month lease, allowing potential owner occupancy
- Zoning: Industrial General (IG), accommodating a wide range of industrial flex and commercial activities
EXECUTIVE SUMMARY
NEW TO MARKET - OWNER USER OPPORTUNITY! - This owner user opportunity at 3642- 3646 Candlewood Ct NE in Keizer, Oregon, presents a 2,595 square foot industrial flex
building within the Industrial General (IG) zone. The property is fully occupied across four functional industrial flex units, each equipped with a drive-in bay door, warehouse space, and a mezzanine featuring a small office. Notably, one tenant is on a month-to-month lease, offering flexibility for an owner user to occupy a unit or continue leasing for investment purposes. Priced at $620,000, the industrial flex building generates a Net Operating Income (NOI) of $56,400. Positioned on a compact 0.12-acre lot, this low-maintenance industrial flex property is an attractive opportunity in Keizer’s thriving industrial flex market.
building within the Industrial General (IG) zone. The property is fully occupied across four functional industrial flex units, each equipped with a drive-in bay door, warehouse space, and a mezzanine featuring a small office. Notably, one tenant is on a month-to-month lease, offering flexibility for an owner user to occupy a unit or continue leasing for investment purposes. Priced at $620,000, the industrial flex building generates a Net Operating Income (NOI) of $56,400. Positioned on a compact 0.12-acre lot, this low-maintenance industrial flex property is an attractive opportunity in Keizer’s thriving industrial flex market.
PROPERTY FACTS
| Price | $865,470 CAD | Lot Size | 0.23 AC |
| Price Per SF | $266.63 CAD | Rentable Building Area | 3,246 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 5.47% | Year Built | 2008 |
| Property Type | Flex | Parking Ratio | 0.38/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 16’5” |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Zoning | IG - Industrial General | ||
| Price | $865,470 CAD |
| Price Per SF | $266.63 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.47% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 0.23 AC |
| Rentable Building Area | 3,246 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Parking Ratio | 0.38/1,000 SF |
| Clear Ceiling Height | 16’5” |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | IG - Industrial General |
AMENITIES
- 24 Hour Access
- Storage Space
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PROPERTY TAXES
| Parcel Number | 549006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $343,838 CAD |
PROPERTY TAXES
Parcel Number
549006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$343,838 CAD
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Bldg 4 - Candlewood Court Industrial Park | 3642-3646 Candlewood Ct NE
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