15450 SE For Mor Ct
Clackamas, OR 97015
Industrial Property For Sale

• Strong Corporate Guarantee (1,250+ Locations) / “A” Credit Parent Company (Home Depot) – SRS Distribution is one of the fastest growing building and specialty supply distributors in the United States. In June 2024, Home Depot (NYSE: HD) completed its $18.25 Billion acquisition of SRS Distribution, providing investors with exposure to an S&P “A” credit rated parent company. Home Depot has continued to aggressively expand the SRS platform, including the $5.5 Billion acquisition of GMS Inc. completed in September 2025 through SRS Distribution. SRS now operates 1,250+ locations nationwide, reinforcing the scale and strength of the lease guarantor’s platform.
• Rare Infill Portland Location - Situated within the heart of the Clackamas industrial submarket, the subject property benefits from immediate access to I-205, I-84, Portland International Airport, and Interstate 5 (running from Canada to Mexico), providing efficient distribution routes throughout the Pacific Northwest and Western United States. The submarket is anchored by major employers including Fred Meyer (Kroger), Nike, Adidas, Columbia Sportswear, and Portland Bottling Company. The combination of infill positioning, transportation connectivity, and a deep employment base has established Clackamas as one of the Pacific Northwest’s most desirable long-term industrial locations.
• Long Term Industrial NNN Lease / 3.00% Annual Rent Increases - The subject property is secured by a 10-year industrial NNN lease that commenced in 2024 and features attractive 3.00% annual rent increases, providing durable cash flow growth and a strong hedge against inflation.
• Functional Facility / Recent Capital Improvements – As part of its move-in process, SRS invested substantial capital into the Property, including a complete reconfiguration of the office and showroom areas, installation of a new sprinkler system, and extensive asphalt reconstruction. The +/- 42,425 SF facility is situated on +/- 3.33 acres and features a fully clear-span warehouse design, five (5) grade-level doors, and +/- 24' clear height, providing a highly efficient layout for distribution, contractor supply, and building materials operations.