1620-1720 W Airway Rd - Manufacturing FOR SALE


Lebanon, OR 97355
$2,600,000 USD
949-903-8099
1620-1720 W Airway Rd, Lebanon, OR for Sale
$2,600,000 USD
Manufacturing - FOR SALE
1/47
null | 6.75% Cap Rate

1620-1720 W Airway Rd
Lebanon, OR 97355


HIGHLIGHTS

  • 5+ Years Remaining | Single-Tenant Industrial Facility | Corporate Guarantee | Parking Lot & HVAC Upgrades
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Modern Industrial Design | Heavy Power | Dock & Grade-Level Loading | Flexible Functionality
  • Prime Willamette Valley Industrial Location | Access to Salem & Portland | Expanding Regional Market

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN lease investment property located in Lebanon, Oregon. The tenant, S4 Décor, LLC recently signed a 5-year lease extension. The lease features 2.5% annual rental increases throughout the term steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

S4 Decor Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas - Natural, Water, Sewer, Heating

CLEAR CEILING HT

28 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.52

LAND SF

66,211

ZONING

Z-IND

APN/PARCEL ID

12S 02W 16A 00500

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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