This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Redmond Industrial Park

2 Properties Offered at £22,707,646 in Redmond, OR

Investment Highlights

  • 7% CAP-Immediate Cash Flow
  • 1.56 Miles to Redmond Airport
  • M-2 Heavy Industrial Zoning
  • Easy access to Hwy 126 East which connects to State Highway 20 providing a transportation and distribution network to Boise, Idaho and beyond.
  • Visible from North & Southbound Highway 97
  • Rail Spur has possibility to re-establish

Executive Summary

Extraordinary Industrial Development Portfolio Opportunity with current cash-flow in Central Oregon. The property not only offers immediate current cash flow (7% CAP-Gross Op. Income $1,762,896-NOI:$1,314,600) ensuring a steady and reliable income stream from day one, but also presents an exciting opportunity to phase-in future development of the M-2 zoned Industrial land. This rare combination makes it ideal for those seeing both immediate returns and long term capital appreciation. Redmond Industrial Park is 100% leased. The excellent upside potential for this offering is only limited to one's conceptual vision with the added bonus of the in-demand additional M-2 heavy industrial zone parcels that are in short supply in Central Oregon. Confidentiality Agreement is required for additional information. Please contact listing Broker (Tom Tapia) for additional information and details.
LAND:
Total Acreage: 44.61+/- M-2 Zoned Acreage
Development Ready: 30.61+/- M-2 Zoned Acreage
INDUSTRIAL FACILITIES:
Total Rentable Square Footage: 195,520+/- RSF
Occupancy: 100% Leased
Total Number of Tenants: Twelve (12)

Property Facts

Price £22,707,646
Price / SF £116.14 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 195,520 SF
Total Land Area 44.61 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Redmond Industrial Park
E Antler Ave, Redmond, OR 97756
Land 44.61 AC - -
601 E Antler Ave, Redmond, OR 97756 Industrial 195,520 SF 1965 -
Show More > < Show Less
  • Listing ID: 32615343

  • Date on Market: 29/07/2024

  • Last Updated:

  • Address: Redmond Industrial Park, Redmond, OR

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}