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Four Industrial Building Opportunity 4 Properties in Portland, OR
INVESTMENT HIGHLIGHTS
- Four building Industrial Investment – 11,800 SF on .66 acres
- Fourth building can be owner-occupied or leased for additional income
- Buildings have always been in demand to lease with minimal vacancy
- Three buildings leased – Fourth Building (2,800 SF) is occupied by the seller who will vacate upon closing
- Proforma income: $136,005.95
- Flexible zoning allows industrial, retail and vehicle repair
EXECUTIVE SUMMARY
This four-building industrial property offers a unique opportunity as a pure investment or owner-user looking to occupy 2,800 SF of industrial space and benefit from rental income on the other two buildings. The buildings are clear span and very functional for many user types, offering grade level loading, 16’-18’ clear height and 3 phase power.
The seller was an owner-occupant of 10928 NE Killingsworth Bldg. A and will vacate at closing.
Portland Spray Works has been a long-term tenant and recently renewed the lease to $3,500.00 month. Seller elected to lease on a month-to-month to keep flexibility to the new buyer. We believe the tenant would sign a longer-term lease if requested by the buyer.
The seller was an owner-occupant of 10928 NE Killingsworth Bldg. A and will vacate at closing.
Portland Spray Works has been a long-term tenant and recently renewed the lease to $3,500.00 month. Seller elected to lease on a month-to-month to keep flexibility to the new buyer. We believe the tenant would sign a longer-term lease if requested by the buyer.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 11,800 SF |
| Number of Properties | 4 | Total Land Area | 1.32 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 11,800 SF |
| Total Land Area | 1.32 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
B
10928 NE Killingsworth St, Portland, OR 97220 |
Flex | 3,000 SF | 1933 | - |
| 4946 NE 109th Ave, Portland, OR 97220 | Industrial | 3,000 SF | 1999 | - |
| 4938 NE 109th Ave, Portland, OR 97220 | Industrial | 3,000 SF | 1999 | - |
|
A
10928 NE Killingsworth St, Portland, OR 97220 |
Industrial | 2,800 SF | 1933 | - |
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Four Industrial Building Opportunity
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