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Listed by Good Moves Oregon LLC
$1,500,000
Est. payment /mo
12,000 SqFt
New
33000 TENNESSEE RD Lebanon, OR 97355
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Key Details
Property Type Commercial
Sub Type Light Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $125
MLS Listing ID 673064074
Year Built 2020
Annual Tax Amount $9,807
Tax Year 2024
Lot Size 0.700 Acres
Property Sub-Type Light Industrial
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 cap rate in mid-6's bumps into the 7's based on realistic proforma. Close proximity to I-5 in mid-Willamette Valley.
Location
State OR
County Linn
Area _221
Zoning IND
Interior
Heating Other
Cooling None
Exterior
View Territorial
Roof Type Metal
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
