Commercial Real Estate in Crabtree available for sale
Crabtree NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Crabtree, OR, USA

More details for 5503 Commercial St SE, Salem, OR - Retail for Sale

5503 Commercial St SE

Salem, OR 97306

  • NNN Property
  • Retail for Sale
  • $3,531,722 CAD
  • 2,333 SF
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More details for 717 Geary St SE, Albany, OR - Retail for Sale

Petco & Gentle Dental - 717 Geary St SE

Albany, OR 97321

  • NNN Property
  • Retail for Sale
  • $6,972,210 CAD
  • 16,234 SF
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More details for 1620-1720 W Airway Rd, Lebanon, OR - Industrial for Sale

S4 Decor Industrial - 1620-1720 W Airway Rd

Lebanon, OR 97355

  • NNN Property
  • Industrial for Sale
  • $3,554,460 CAD
  • 26,900 SF
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More details for 5100 River Rd N, Salem, OR - Office for Sale

5100 River Rd N

Salem, OR 97303

  • NNN Property
  • Office for Sale
  • $2,565,083 CAD
  • 4,091 SF
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More details for 398 Lancaster Dr NE, Salem, OR - Retail for Sale

398 Lancaster Dr NE

Salem, OR 97301

  • NNN Property
  • Retail for Sale
  • $2,385,590 CAD
  • 2,406 SF
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More details for 4735 Turner Rd SE, Salem, OR - Industrial for Sale

4735 Turner Rd SE

Salem, OR 97317

  • NNN Property
  • Industrial for Sale
  • $6,828,665 CAD
  • 27,000 SF
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More details for 560 21st St SE, Salem, OR - Industrial for Sale

560 21st St SE

Salem, OR 97301

  • NNN Property
  • Industrial for Sale
  • $9,979,830 CAD
  • 65,597 SF
  • 24 Hour Access

Salem Industrial for Sale - Marion County

This prime commercial real estate asset represents a highly attractive investment opportunity within the cannabis industry. Spanning 65,597 square feet, the property has undergone extensive redevelopment over the past nine years, resulting in a modern and fully upgraded facility. It houses a diverse roster of cannabis industry tenants who are committed long-term, with many having secured renewal options and fully contributed to their tenant improvements (TIs). These tenants operate as true NNN lessees and are sub-metered for electrical use. The property features significant infrastructure enhancements, including paved parking, stormwater improvements, fencing, heavy electrical, lighting, membrane roofing, and access control. All tenants are compliant with state and city regulations, holding the required permits for cannabis production, processing, or distribution. The property owners have also maintained positive relationships with the neighborhood association, city planning, and building departments. The facility is on 3.1 acres and includes an additional building and a gravel lot. The accessory building is currently leased to a contractor on a month-to-month basis for storage, while a portion of the gravel lot is rented out for fleet parking. This additional space generates supplementary income and offers potential for further development. Located centrally in the Willamette Valley, the property benefits from easy access to I-5, Hwy 22, and Hwy 99 West. The favorable zoning in Salem further enhances its appeal for cannabis-related activities. With a 9.3% cap rate, this asset presents a compelling investment opportunity, offering substantial growth potential and a promising return on investment for those looking to capitalize on the expanding cannabis market.

Contacts:

Macadam Forbes, Inc.

Clark Commercial

Property Subtype:

Manufacturing

Date on Market:

2024-09-03

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