Retail Space /OR /Marion County /Salem /1355 Salem Industrial Dr NE
Retail Space /OR /Marion County /Salem /1355 Salem Industrial Dr NE

1355 Salem Industrial Dr NE - Freestanding FOR SALE


Salem, OR 97301- Northgate | 
$2,450,000 USD
503-807-4174
1355 Salem Industrial Dr NE, Salem, OR for Sale
$2,450,000 USD
Freestanding - FOR SALE
1/9
null | 6% Cap Rate
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1355 Salem Industrial Dr NE
Salem, OR 97301
Northgate

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HIGHLIGHTS

  • 5-years remaining on lease term
  • Below market rent and provides long term upside potential
  • Major tenant renovation in 2021

OVERVIEW

- 5-years remaining on lease term - Two 5-year options remaining with 8% bumps in rent - US Foods is a publicly traded company (NYSE: USFD) with a BB+ credit rating - NNN lease - Below market rent provides long term upside potential - 1981 construction - Major tenant renovation in 2021

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

US Foods CHEF’STORE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

IG

APN/PARCEL ID

589753

ASK ABOUT THIS PROPERTY

Robert LeFeberCommercial Realty Advisors NWMore Info
503-807-4174

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Robert LeFeberCommercial Realty Advisors NWMore Info
503-807-4174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

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