503-318-0916
310-336 NE 8th Ave, Portland, OR for Sale
Refrigeration Cold Storage - FOR SALE
1/7
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310-336 NE 8th Ave
Portland, OR 97232
Kerns


HIGHLIGHTS

  • Exceptional warehouse asset fully occupied by Willamette Valley Meat Company, a long-term tenant in place since 2004.
  • Priced significantly below current replacement cost, offering investors the rare opportunity to acquire a high-quality, modern industrial facility.
  • Strategically positioned on a full ±40,000 SF city block in Portland’s Central Eastside, at the heart of a dynamic redevelopment corridor.
  • Modern concrete tilt construction with key features like high clear heights, truck staging, and on-site parking, outpacing local competition.
  • Clear Height - 20'-22'

OVERVIEW

This is an exceptional opportunity to acquire a 100% leased, single-tenant NNN investment, offering stable income with minimal landlord responsibilities. Priced significantly below replacement cost, this asset features a strong credit tenant, Willamette Valley Meat Company(WVM), founded in 1998. Occupying a full city block totaling ±40,000 SF, the property is located in a rapidly redeveloping area, offering a modern concrete tilt-up construction that positions it well for both current performance and future upside potential. The facility includes significant USDA food processing and cooler/freezer improvements, catering to the growing demand in the food industry. Additionally, the food industry’s resilience to short-term market fluctuations further enhances the property’s stability and long-term value. The concrete industrial building on this property has more modern features than most of the competitive set in this submarket, including taller clear heights, dock loading doors. The property has been meticulously maintained in high-level condition as the owners of the property also owned the business. The building has a brand new 2024 installed roof, and other recent upgrades making the property in excellent condition with no deferred maintenance

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willamette Valley Meat

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Refrigeration Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

7

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92

LAND SF

40,075

ZONING

GI1, Portland

APN/PARCEL ID

R150392

ASK ABOUT THIS PROPERTY

Steven KleinKidder MathewsMore Info
503-318-0916

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Steven KleinKidder MathewsMore Info
503-318-0916

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