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

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

More details for 5100 River Rd N, Salem, OR - Office for Sale

5100 River Rd N

Salem, OR 97303

  • NNN Property
  • Office for Sale
  • $2,583,452 CAD
  • 4,091 SF
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More details for Woodburn Station – Retail for Sale, Woodburn, OR

Woodburn Station

  • NNN Property
  • Retail for Sale
  • $11,627,836 CAD
  • 13,149 SF
  • 3 Retail Properties
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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
  • $6,877,565 CAD
  • 27,000 SF
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More details for 2803 NE Orchard Ave, McMinnville, OR - Industrial for Sale

Wine Shipping Building - 2803 NE Orchard Ave

McMinnville, OR 97128

  • NNN Property
  • Industrial for Sale
  • $17,899,569 CAD
  • 171,000 SF
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More details for 171 SW Court St, Dallas, OR - Retail for Sale

171 SW Court St

Dallas, OR 97338

  • NNN Property
  • Retail for Sale
  • $722,867 CAD
  • 1,857 SF
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More details for 4560 River Rd N, Keizer, OR - Retail for Sale

Black Rock Coffee Bar Keizer - 4560 River Rd N

Keizer, OR 97303

  • NNN Property
  • Retail for Sale
  • $1,342,468 CAD
  • 462 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
  • $10,051,297 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.

Contact:

Macadam Forbes, Inc.

Property Subtype:

Manufacturing

Date on Market:

2024-09-03

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More details for 2925 Lancaster Dr NE, Salem, OR - Retail for Sale

PetSmart - 2925 Lancaster Dr NE

Salem, OR 97305

  • NNN Property
  • Retail for Sale
  • $7,210,773 CAD
  • 25,021 SF
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NNN Properties For Sale

NNN Properties

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