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201 SW Airport Ave
Corvallis, OR 97333
Fedex Express - Corvallis · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 39,909 SF |
| Property Subtype | Warehouse | Number of Floors | 1 |
| Building Class | C | Tenancy | Single |
| Lot Size | 4.50 AC |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.50 AC |
| Rentable Building Area | 39,909 SF |
| Number of Floors | 1 |
| Tenancy | Single |
About 201 SW Airport Ave , Corvallis, OR 97333
Leased Investment Property - Tenant: Fedex Express Building size: 39,909 sq. ft. - Land area: 4.5 acres (196,020 sf) Leasehold property On a ground Lease that expires in 2046 with a 10-year option to extend. Lessor: City of Corvallis NOI: Approximately $213,765 - Cap rate: 6.25% Lease term recently extended another 5 years (6.5 years remaining on current term). 5-year option to extend thereafter NW corner of Hwy 99 and SW Airport Avenue in the Corvallis Airport Industrial Park. Excellent visibility from Hwy 99. The property is approximately 4 miles south of the downtown Corvallis and OSU, 13 miles from I-5, and 31 miles from Eugene
PROPERTY TAXES
| Parcel Number | 362579 | Improvements Assessment | £429,205 |
| Land Assessment | £0 | Total Assessment | £429,205 |
PROPERTY TAXES
