33509 NE Williams St
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33509 NE Williams St
4,000 SF 100% Leased Industrial Building Scappoose, OR 97056 £390,555 (£98/SF)
Executive Summary
Norris & Stevens is pleased to offer for sale a rare two-tenant investment opportunity in the heart of Scappoose, OR. Only a half hour from Portland, the property provides an opportunity for an investor to acquire a property in an up-and-coming area outside of Multnomah County. Due to its close proximity to Highway 30 and ease of access to and from main arterial streets, the property has historically experienced low vacancy and a high demand for space from prospective tenants. Lease rates have been increased consistently over time and reflect a market rate which can be subject to additional increases during tenant turnover.
• Fully leased with two tenants; both have occupied the space for over 10 years
• Stabilized at-market rents with great tenant mix
• No new construction offers little competition
• Free and clear of existing debt
• Strong demand and low vacancy for industrial space
• Great location with visibility on Highway 30 near dozens of restaurants and retail shops
• Above-average amount of parking with the option for overflow parking if needed
• Functional assembly/manufacturing space
• Fully leased with two tenants; both have occupied the space for over 10 years
• Stabilized at-market rents with great tenant mix
• No new construction offers little competition
• Free and clear of existing debt
• Strong demand and low vacancy for industrial space
• Great location with visibility on Highway 30 near dozens of restaurants and retail shops
• Above-average amount of parking with the option for overflow parking if needed
• Functional assembly/manufacturing space
Property Facts
Price | £390,555 | Rentable Building Area | 4,000 SF |
Price Per SF | £98 | Number of Floors | 1 |
Sale Type | Investment | Year Built | 1984 |
Property Type | Industrial | Clear Ceiling Height | 16 ft |
Building Class | C | Level Access Doors | 2 |
Lot Size | 0.28 AC |
Price | £390,555 |
Price Per SF | £98 |
Sale Type | Investment |
Property Type | Industrial |
Building Class | C |
Lot Size | 0.28 AC |
Rentable Building Area | 4,000 SF |
Number of Floors | 1 |
Year Built | 1984 |
Clear Ceiling Height | 16 ft |
Level Access Doors | 2 |
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating
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PROPERTY TAXES
Parcel Number | 0101032120130120000 | Improvements Assessment | £137,944 |
Land Assessment | £103,886 | Total Assessment | £241,830 |
PROPERTY TAXES
Parcel Number
0101032120130120000
Land Assessment
£103,886
Improvements Assessment
£137,944
Total Assessment
£241,830
zoning
Zoning Code | LI (Light Industrial) |
LI (Light Industrial) |
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33509 NE Williams St
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