33000 Tennessee Rd SE - For Sale

About this property

Industrial investment property with 12,000 SF of low maintenance, newer construction, multi-tenant warehouse space located in a low-vacancy market close to I-5 in mid-Willamette Valley. Stabilized tenancy includes ½ building occupied by Seller ready to lease back on favorable terms. Buy in at below-market cost to replace and enjoy solid cashflow with a significant upside as current capitalization rate in the mid-6’s based on actuals bumps into the 7’s based on a realistic proforma. Drive-by’s welcome and tours possible by appointment only for single 1,000 SF space currently vacant plus ½ building occupied by Seller. Call listing agent with questions or to schedule. Please not disturb tenants.