3403 West 7th Avenue was originally built in 1980 for Shelton Turnbull Printers. Shelton Turnbull built a significant addition to the property in 1995. The property consists of a single-story concrete tilt up industrial warehouse/manufacturing building with a large, high-quality office component. The building has been occupied by Shelton Turnbull for it’s entire life and is now available for a lease or purchase. This is a great opportunity to purchase a high-quality industrial building in a convenient West Eugene location.
The property is located on West 7th avenue, in the heart of the West Eugene sub-market, which is the largest industrial sub-market in the Eugene/Springfield area. 3403 West 7th Avenue is conveniently located between Downtown Eugene and Beltline Rd., giving the property easy access to I-5, and Hwy 99. This property sits in an opportunity zone. The Tax Cuts and Jobs Act created a section of the Tax Code that allows taxpayers to take advantage of a new investment vehicle called Opportunity Funds. The purpose of this new investment vehicle is to help direct resources to low-income communities, known as Qualified Opportunity Zones, through a more market-driven approach.
Investing in Opportunity Funds can provide tax incentives to investors. We urge you to consult with your tax professional and professional advisors to come to your own conclusion.