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Clarkston Industrial Park 1370 Port Dr 67,853 SF 70% Leased Industrial Building Clarkston, WA 99403 $4,500,000 ($66.32/SF) 5.81% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Concrete Tilt-Up. Built in 1977
  • Repositioning opportunities with shorter term leases
  • 34 Dock Doors, 2 Grade Doors, 25' Clear height, Wet Sprinklered
  • Current Tenants: FedEx, Rousseau Co., and XPO Logistics Freight
  • Attractive low entry basis, below replacement value. New membrane roof (2010) & Exterior paint (2021)
  • 61,992 ± SF of Distribution/Warehouse space - 5,840 ± SF of Office space (8.6%)

PROPERTY FACTS

Price $4,500,000
Price Per SF $66.32
Sale Type Investment or Owner User
Cap Rate 5.81%
Property Type Industrial
Property Subtype
Distribution
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 5.21 AC
Rentable Building Area 67,853 SF
No. Stories 1
Year Built 1977
Parking Ratio 0.41/1,000 SF
Clear Ceiling Height 25’
No. Dock-High Doors/Loading 34
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning HI - Heavy Industrial

AMENITIES

  • Signage

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,571-44,044 SF
  • Industrial
  • Shell Space
  • 30 Days

Multi-tenant industrial warehouse building For Lease and For Sale at Port Drive in the Port of Clarkston, WA, offering easy access to highways and Lewiston, Idaho. This asset provides an excellent opportunity for tenants, investors, or owner-users seeking a well-connected location with strong logistical advantages.

Space Size Space Use Condition Available
1st Floor 3,571-44,044 SF Industrial Shell Space 30 Days

1st Floor

Size
3,571-44,044 SF
Space Use
Industrial
Condition
Shell Space
Available
30 Days

1st Floor

Size 3,571-44,044 SF
Space Use Industrial
Condition Shell Space
Available 30 Days

Multi-tenant industrial warehouse building For Lease and For Sale at Port Drive in the Port of Clarkston, WA, offering easy access to highways and Lewiston, Idaho. This asset provides an excellent opportunity for tenants, investors, or owner-users seeking a well-connected location with strong logistical advantages.

  • Listing ID: 33935999

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 1370 Port Dr, Clarkston, WA 99403

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