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Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC: 971-707-4282.

33000 Tennessee

Lebanon, OR 97355
  • $1,500,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 824378
UPDATED: 82 min ago
$1,500,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,000
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC: 971-707-4282. Listing information © 2025 Willamette Valley Multiple Listing Service



Description

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 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-6s based on actuals bumps into the 7s based on a realistic proforma.

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Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-02-14T12:09:12.517.
www.suelongrealty.com/homes/159357116
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33000 Tennessee Lebanon, OR 97355

  • Price: $1,500,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 82 min ago
  • MLS #: 824378
0
Beds
0
Baths
0
½ Baths
0.7
Acres
12,000
SQFT
$125
$/SQFT
Neighborhood:
80 LINN COUNTY
County:
Linn
Area:
80 LINN COUNTY
Property Description
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 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-6s based on actuals bumps into the 7s based on a realistic proforma.
Exterior Features

Access Paved Foundation Slab Parking Spaces 12 Railroad No Roof Metal or Aluminum Siding Aluminum View Territorial

Property Features

Cap Rate 6.4 Commercial Type Industrial Confidentiality Agreement Required No Cross Street Beaton Ln Expenses Actual Or Projected Actual Flood Plain No High Speed Comm Access Available Insurance 3937 Net Income 96263 New Construction No Owner Managed Yes Parking Ratio Per1000 SF 1 Property Taxes 9490 Property Use Type Investment Sewer City Source Of Square Feet Owner Suitable For Industrial Distrib WareFlex SpaceIndust-Busin ParkManufacturingOffice ShowroomResearch & DevelopmentSelf Storage/Mini-StorageWarehouse Suitable For Office Office-R&DOffice-Warehouse Tax Amount 9490 Tax Years 2023-24 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 13427 Water City

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-02-14T12:09:12.517.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC: 971-707-4282. Listing information © 2025 Willamette Valley Multiple Listing Service