Stable, long-term investment opportunity located in the highly desirable Sun Ranch Business Park in Sisters, Oregon. This well-constructed 11,554 SF two-story industrial building, built in 2009 by Redstone Construction, is 100% leased to a long-term tenant of 17 years—an established international company—providing reliable and predictable cash flow.
The property is secured by a Triple Net (NNN) lease with approximately 6 years remaining, featuring 2% annual rent increases, plus two additional 4-year renewal options with market adjustments, offering both near-term income stability and long-term upside.
The building is thoughtfully designed to support a wide range of industrial, distribution, manufacturing, and R&D uses. The upper level includes executive offices, a spacious kitchen, and outdoor seating with scenic views. The main floor features a welcoming entry, conference room, and a flexible manufacturing/assembly area. Additionally, the property boasts an extensive distribution and storage center equipped with radiant floor heating and dock-high loading, enhancing operational efficiency.
Key features include 3-phase power, multiple grade-level doors, dock-high delivery, radiant and zoned heating, central air, high-speed fiber connectivity, fire sprinkler system, and ample on-site parking. The landscaped ±0.71-acre site offers Cascade Mountain and territorial views and is located within an Airport Overlay Zone, further supporting industrial and logistical operations.
With a current cap rate of approximately 5.49%, minimal landlord responsibilities, and strong tenant credit, this property presents an excellent opportunity for investors seeking a low-management, income-producing asset in one of Central Oregon’s most sought-after business parks. Showings available upon request.