Newberg Office, Industrial for Lease - Yamhill County
Perfect for an Owner-user or Investor! The property is a +/-103,723 SF industrial building that is situated on 5.59acres. Currently the building is fully leased to PPM Technologies through January 2027 and an early-release may be available. The building is zoned M2, Light Industrial (City of Newberg) which allows for a broad range of uses, including: manufacturing, office, assembly, storage and distribution.
The building offers clear door heights ranging from 8’ to 26’. There are nine grade-level doors, two dock-high doors, ample 3-phase power (heavy power), and ~11.4% office buildout with +/-1 acre of the 5.59acre parcel that is available land for development. There are 5 bridge cranes and 5 jib cranes with weight capacities from 3 to 5 tons among 10 cranes. The building was renovated in 2020 and it has a modern exterior-look and updated office and lobby area. It has a large, paved work yard/ample truck loading and 149 paved parking spaces. The building is "Sprinklered" with both a wet and dry system. Cooler space is available. The building is served by Union Pacific Railroad and has a railroad spur with an elevated loading platform that has two rail-loading doors. The property is considered a part of the Portland metropolitan area. Distances to nearby cities include: I-5 freeway 23 min drive (14.7 miles); Highway 99w is 4 blocks away. The Highway 99W and Highway18 corridor traverses a wide spectrum of landscapes, including the Oregon Coast Range, the rich farmlands of the Yamhill, Willamette, and Tualatin Valleys, small rural communities, and cities ranging to the state's largest metropolitan area. Portland PDX Airport 58 min drive/35 miles; McMinnville 21 min drive/14 min. George Fox University is 5 blocks away. The property offers a skilled work-force that can be found in the surrounding neighborhood. Newberg is a fast-growing, dynamic community with a high standard of livability and is known as the "gateway to Oregon Wine Country". This property and building are an amazing opportunity for single user or multi-tenant scenarios. Lease or Sale available.
