1. Oregon
  2. Albany
  3. 1913 Fescue (-1957) St SE
$3,525,000

1913 Fescue (-1957) St SE, Albany, OR 97322

  • 24,260 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2000
  • Property Lot Size Icon0.92acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $145/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

This Class A light industrial building has been occupied by the same tenant for close to 25 years and is an outstanding investment opportunity. The building is approximately 65% warehouse and 35% office space and is in outstanding condition throughout. The current rent is well under fair market value. The tenant is prepared to sign a long-term lease extension at closing at a starting rate of $.815 per square foot per month, triple net*. This is a blended rent considering the office and the warehouse space and is equal to or less than our estimate of fair market rent. The subject property is visible to Interstate 5 and less than 1/2 mile from the Highway 20 interchange. * Please inquire with the listing agent for details on the future lease.

Listing Status:
Active
Listing Office:
SVN COMMERCIAL ADVISORS, LLC : 503-588-0400
Listing Agent:
CURT ARTHUR : 503-588-0400
MLS ID:
826765
  • Originating MLS: Black Knight 2 - Willamette Valley Multiple Listing Service
  • County: Linn

This listing courtesy of CURT ARTHUR, SVN COMMERCIAL ADVISORS, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Shore Elementary School

910 Bain St SE, Albany, OR, 97322

Grades KG-5

0.86 miles away

C

Calapooia Middle School

830 24th Ave SE, Albany, OR, 97322

Grades 6-8

1.67 miles away

S

South Albany High School

3705 Columbus St SE, Albany, OR, 97322

Grades 9-12

1.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.