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S4 Decor Industrial 1620-1720 W Airway Rd 26,900 SF Industrial Building Lebanon, OR 97355 $2,600,000 ($96.65/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 5+ Years Remaining | Single-Tenant Industrial Facility | Corporate Guarantee | Parking Lot & HVAC Upgrades
- Modern Industrial Design | Heavy Power | Dock & Grade-Level Loading | Flexible Functionality
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Prime Willamette Valley Industrial Location | Access to Salem & Portland | Expanding Regional Market
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN lease investment property located in Lebanon, Oregon. The tenant, S4 Décor, LLC recently signed a 5-year lease extension. The lease features 2.5% annual rental increases throughout the term steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
PROPERTY FACTS
AMENITIES
- Air Conditioning
UTILITIES
- Lighting
- Gas - Natural
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 0208724 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,207,490 |
PROPERTY TAXES
Parcel Number
0208724
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,207,490
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET VIEW
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S4 Decor Industrial | 1620-1720 W Airway Rd
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