270 E Sun Ranch Dr - Industrial FOR SALE


Sisters, OR 97759
$2,500,000 USD
541-420-8103
270 E Sun Ranch Dr, Sisters, OR for Sale
$2,500,000 USD
Industrial - FOR SALE
1/48
null | 5.49% Cap Rate

270 E Sun Ranch Dr
Sisters, OR 97759


HIGHLIGHTS

  • Stable NNN Investment – 100% leased to a long-term tenant of 17 years, an established international company
  • Strong Lease Structure – Approximately 6 years remaining on a Triple Net (NNN) lease with 2% annual rent increases
  • Built-In Upside – Two (2) additional 4-year renewal options with market rent adjustments
  • Attractive Yield – Current cap rate of ±5.49% based on in-place income
  • Modern Construction – 11,554 SF two-story industrial building built in 2009 by Redstone Construction
  • Functional Industrial Layout – Combination of office, manufacturing/assembly, distribution, and warehouse space

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

5.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.71

LAND SF

30,928

ZONING

NSBP

APN/PARCEL ID

251134

ASK ABOUT THIS PROPERTY

Steve McGheheyStellar Realty NorthwestMore Info
541-420-8103

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Steve McGheheyStellar Realty NorthwestMore Info
541-420-8103

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