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Listed by GREG GOODENOUGH • PREMIERE PROPERTY GROUP, LLC • Cell: 503-999-9046
$ 1,500,000
Est. payment /mo
New
33000 Tennessee Rd Lebanon, OR 97355
12,000 SqFt
UPDATED:
01/10/2025 09:33 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $125
MLS Listing ID 824378
Annual Tax Amount $9,808
Lot Size 0.700 Acres
Acres 0.7
Property Description
Industrial investment property with 12,000 SF low maintenance, 2020 construction, multi-tenant building located in low-vacancy market. Stabilized tenancy includes ½ building occupied by current seller ready to lease back on favorable terms. Buy in at well below-market cost to replace and enjoy solid cashflow with a significant upside. Current capitalization rate in the mid-6's based on actuals that bumps into the 7's based on realistic proforma. Close proximity to I-5 in mid-Willamette Valley.
Location
State OR
County Linn
Area 80 Linn County
Exterior
Garage Spaces 12.0
View Territorial
Roof Type Metal or Aluminum
Building
Foundation Slab
Sewer City
Water City
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Bryan Chamberlin
Principal Broker | VANTAGE POINT BROKERS, LLC | License ID: 201004151