Southern Oregon Net Leased Investment Opportunity
Property Details
Price
$675,000
Building Size
4,000 SF
Property Details
Warehouse/Distribution
Total Lot Size
2.23 Acres
Year Built
2006
Description

Unique opportunity to acquire a quality leased investment in a growing Southern Oregon city. Tenant recently executed a 5 year lease renewal with a rental rate at $4,000 per month NNN, which will include 2.5% annual increases. In the lease amendment, Landlord is reducing Tenant's current rent by 10% and offering a $7,500 Tenant Improvement allowance in the form of a future rent credit.

Highlights
Stable credit tenant with mission critical operation
Excellent condition with low maintenance construction
Low building to lot coverage allowing for future expansion
Five year Lease Extension recently signed by Tenant
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