Description
NET LEASED INVESTMENT WITH 6.50% CAP RATE! NOI: $412,800/ANNUAL ($34,400/month) & 3% annual escalations. Leased to DS Services of America/Primo Water. Lease expiration 6/20/2029. 100% NNN Triple Net lease. Leased to $1Billion gold plated company one of North Americas largest bottled water companies. Extraordinary facility upgraded in 2015 & 2021, fully sprinkled warehouse, offices and breakroom, wet fire suppression system, 480 volt, 3-phase power rated for 1,000 amps, 4 dock-high enclosed bays, multiple man doors, restrooms separated for warehouse/office employees, free span is 100' x 300', clear height 14' at eve and 17.5'at inside of roof , inside height to the roof is 19'. Lighting was upgraded with Energy Trust of Or T-8 bulb dormers w/motion sensors, quality control rooms, corporate offices, executive office, pre-engineered steel building, dock-highs have auto levelers and PVC Dock Seals-Just 18 miles north of Redmond, OR. 66,000+/- SF Industrial complex with 6.8+/- Acres!
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0BEDS
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6.08ACRES
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0BATHS
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01/2 BATHS
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66,000SQFT
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$96$/SQFT
School Ratings & Info
Description
NET LEASED INVESTMENT WITH 6.50% CAP RATE! NOI: $412,800/ANNUAL ($34,400/month) & 3% annual escalations. Leased to DS Services of America/Primo Water. Lease expiration 6/20/2029. 100% NNN Triple Net lease. Leased to $1Billion gold plated company one of North Americas largest bottled water companies. Extraordinary facility upgraded in 2015 & 2021, fully sprinkled warehouse, offices and breakroom, wet fire suppression system, 480 volt, 3-phase power rated for 1,000 amps, 4 dock-high enclosed bays, multiple man doors, restrooms separated for warehouse/office employees, free span is 100' x 300', clear height 14' at eve and 17.5'at inside of roof , inside height to the roof is 19'. Lighting was upgraded with Energy Trust of Or T-8 bulb dormers w/motion sensors, quality control rooms, corporate offices, executive office, pre-engineered steel building, dock-highs have auto levelers and PVC Dock Seals-Just 18 miles north of Redmond, OR. 66,000+/- SF Industrial complex with 6.8+/- Acres!
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