30 ACRES OF HEAVY-INDUSTRIAL, SHOVEL-READY LAND
Property Details
Price
$3,350,000
Property Details
Industrial
Total Lot Size
30.02 Acres
Description

The site is state-certified shovel ready and clears many early-stage development hurdles. Roughly 7 acres of the site is paved with asphalt, and the majority of the site is level-grade with a rock base.

Approximately 7 acres of the property is leased to a tenant of 7 years for storage space. The rental rate is $136,200 per year. This lease can be terminated any time upon four months prior notice. This is an ideal development site, but the current 4.1% cap rate would be inherited by the buyer as well.

*Shovel-Ready: The state deems this site 1. Is not in a flood plain 2. Has no wetlands constraints 3. Has no environmental constraints. Construction can commence in 180 days or less from the date of acquisition.

Highlights
18-20" Thick Asphalt Paving
27 Acres of Solid Rock Base
Marijuana OK
Extensive Stormwater Drainage System
Modern Digital Readout Truck Scale, with Enclosed Building and Scale Equipment
City Water, Sewer, and Underground Power Hookup
DEQ has Issued a "No-Further Action Required" Declaration on the Property
Site has a CURRENT General Air Contaminant Discharge Permit
6' Cyclone Fencing Secures the Entire Perimeter
5 Points of Entry/Exit: 2 Entrances on Hoffman + 2 Entrances on Stryker Road, with a 20' Permanent Easement on Pol Street for Trucks.
Power: Pacific Power - 8 MW+ of Excess Capacity
Sewer: 8" Mains with 200,000 GDP Excess Capacity (Sewer Connection is On-Site)
Water: 6" and 8" Mains with 60 PSI Operating Pressure and 250,000 GDP Excess Capacity.
Gas: NW Natural Gas has Multiple Mains Near the Site provide 100,000 Therm Per Month (NW Natural Gas Would Pay for Connection and Infrastructure for Large Users).
Internet/Phone: MINET High-Speed Fiber Optic Internet/Phone/TV.
Download Property Flyer
Brokers

Stu Peterson, SIOR
Broker
Request More Info

Thank you. Your request is being delivered.