723 N Curtis Ct - Industrial FOR SALE


Sisters, OR 97759
$1,350,000 USD
541-639-2566
723 N Curtis Ct, Sisters, OR for Sale
$1,350,000 USD
Industrial - FOR SALE
1/36
null | Request Cap Rate

723 N Curtis Ct
Sisters, OR 97759


HIGHLIGHTS

  • Mix of month-to-month leases for future rent growth and flexibility
  • Newly executed five-year, NNN lease with anchor tenant
  • Each unit has roll-up doors, offices and private restrooms
  • Business for sale, listed separately

OVERVIEW

Located in the Sisters industrial district, this versatile multi-tenant property offers immediate stability with significant "value-add" potential. The facility is anchored by Solid Rock Granite on a new, 5-year, NNN lease, providing a reliable foundation. Units A, B, and C are maintained on flexible month-to-month terms with three separate tenancies. This structure allows a new owner the immediate opportunity to "re-paper" these leases at current market NNN rates to capture unrealized value and with the potential to increase annual revenue by approximately $14,000+. Ownership offers flexibility, with the asset available as a stabilized investment property. For a well-capitalized buyer, this represents a high-quality, low-volatility industrial hold in one of Central Oregon's most desirable sub-markets, featuring a clear and short-term path toward maximizing Net Operating Income.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner-User Light Industrial + Additional Rent

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55

LAND SF

23,958

ZONING

IL

APN/PARCEL ID

179571

ASK ABOUT THIS PROPERTY

Jennifer LimogesNAI CascadeMore Info
541-639-2566

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Jennifer LimogesNAI CascadeMore Info
541-639-2566

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