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4480 Highway 101 4,464 SF 100% Leased Industrial Building Florence, OR 97439 $970,164 CAD ($217.33 CAD/SF) 6.90% Cap Rate

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EXECUTIVE SUMMARY

Fully Leased Investment Opportunity: Two Buildings: 4,464 Total Square Feet
 • Approximately 3,024 sf of modular office space
 • Approximately 1,440 sf of shop/storage space
 • Property is fenced and secured and includes approximately 17 parking spaces in fenced area + 5 visitor spaces on the south side of the building
 • NEW 5-year Amendment executed March 1st, 2025 extending lease through 2/28/2030
OFFICE HIGHLIGHTS:
• New carpet installed in September 2025.
• Office remodel completed in 2014.
• New siding in 2014.
• Electric forced air has been maintained.
SHOP/STORAGE BUILDING:
• Includes 3 large roll-up doors: (1) 10’x10’, (1) 10’x12’, (1) 12’x14’
• Approximately 160 square feet of mezzanine area also used for storage
• Space includes walk-in freezer
• Building is not heated
REDUCED SALES PRICE:
 • $695,000

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $970,164 CAD
Price Per SF $217.33 CAD
Sale Type Investment
Cap Rate 6.90%
Property Type
Industrial
  • Flex Research & Development
Lot Size 0.77 AC
Rentable Building Area 4,464 SF
No. Stories 1
Year Built 1997
Zoning H - Highway District

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Oregon State Police
  • Public Administration
  • 99,999 SF
  • $9.99
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Oregon State Police Public Administration 99,999 SF $9.99 Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1660719
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$490,047 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 34213140

  • Date on Market: 2024-12-16

  • Last Updated:

  • Address: 4480 Highway 101, Florence, OR 97439

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