Industrial For Sale
Property Details
Price
$21,500,000
Building Size
124,468 SF
Property Details
Warehouse/Distribution
Total Lot Size
6.38 Acres
Year Built
1965
Description

The property consists of two industrial buildings located in the heart of Oregon's strongest commercial and industrial submarket. The properties are leased to quality tenants with established operating histories, providing investors with stable cash flow in one of the region's most sought-after industrial locations.

Unit 8005 has extensive improvements at the dock, including mechanical load levelers, trailer locks, curtains, bollards, and status lights at each dock door. All loading is covered by canopies. Both buildings have storefront offices with abundant parking and/or yard area. The Yard area is well-lit and inherently secure, with access to the site. There is a monument sign, and signage is available on both buildings.

Highlights
124,468 SF building - 2 units - 100% occupancy
Built in 1965, renovated in 2022
Zoned Industrial, City of Tigard
Located in the I-5 corridor
Under-rented relative to the location
Under market expenses
Abundant and lighted parking lot and yard
Visible from Hwy 217
Building and monument signage
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Brokers

Stu Peterson, SIOR
Broker
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