• 1125 S Industrial Parkway - 1125 S Industrial Pkwy, Newberg, OR 97132

For Sale

Industrial

For Sale

This property is available for sale
0.81
Acres
$1,400,000
Sale Price
  • Total Building Size
    10,700 RSF
  • Overview

    Located 20 miles SW of Portland, off Highway 99W. Lot is on a cul-de-sac directly off HWY 219. Centrally located in Newberg's Industrial district with direct access to highway 99W, 219, and 18. 1125 S Industrial Parkway Newberg is a 10,700 SF Industrial 53' friendly investment. 1 truck high dock with 3 drive-in grade level bay doors. Stated Cap Rate of 5.13% is based on actuals. Credit Tenant lease has 30 months remaining with 3% annual and 5% escalations at renewal. 2 Renewals of 1-Yr each. Potential outside storage income with neighboring building owner. This building is designed to be demised into 4 spaces. 2 restrooms with plumbing for 2 more. Approx. 2,000 SF Office which includes a Mezzanine. Located on a cul-de-sac just off the HWY 18 Newberg Dundee connector offers quick on/off load access. Please do not disturb tenant and please call broker for viewing instructions.

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Property Details

Located 20 miles SW of Portland, off Highway 99W. Lot is on a cul-de-sac directly off HWY 219. Centrally located in Newberg's Industrial district with direct access to highway 99W, 219, and 18. 1125 S Industrial Parkway Newberg is a 10,700 SF Industrial 53' friendly investment. 1 truck high dock with 3 drive-in grade level bay doors. Stated Cap Rate of 5.13% is based on actuals. Credit Tenant lease has 30 months remaining with 3% annual and 5% escalations at renewal. 2 Renewals of 1-Yr each. Potential outside storage income with neighboring building owner. This building is designed to be demised into 4 spaces. 2 restrooms with plumbing for 2 more. Approx. 2,000 SF Office which includes a Mezzanine. Located on a cul-de-sac just off the HWY 18 Newberg Dundee connector offers quick on/off load access. Please do not disturb tenant and please call broker for viewing instructions.

  • Property Type
    Industrial
  • Submarket
  • Sale Price
    $1,400,000
  • Total Building Size
    10,700RSF
  • Total Acres
    0.81
  • Sale Status
    Available
  • Last updated
    Feb 08, 2022
  • Property ID
    2207935

Landlord's Sales Representatives

  • AJ NASH
    Legacy Real Estate
     
  • rich@traditionrep.com