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Weekend Beer Co Brewery Sale-Leaseback 1863 NW Washington Blvd 5,200 SF Retail Building Grants Pass, OR 97526 $1,700,000 ($326.92/SF)
EXECUTIVE SUMMARY
RE/MAX Integrity Grants Pass, in partnership with Merit Commercial Real Estate, is pleased to exclusively present 1863 NW Washington Boulevard, an extremely rare and desirable taphouse sale-leaseback investment opportunity in beautiful Grants Pass, Oregon (the "Property").
The Property is home to the thriving local icon, the Weekend Beer Company (hereafter, "WBC"). Originally beginning as a brewery operation in 2018, the home of WBC celebrated a grand opening in early 2021, and has seen explosive growth and community love ever since.
The mostly level, rectangular shaped 2.42 acre lot encompasses 3 tax lots, and presents the rare option of flexibility: a buyer may choose to take down the Property purely as a leased investment at a strong return, or could pursue significant additional development. Potential development options are available upon request to the listing brokers.
Approved plans are on hand for a phased development adding 26,850 SF of similar industrial space across 2 new buildings. While the site lends itself well to that style of development, prospective buyers are not limited to a single site plan.
The tenant, Weekend Beer Company, is an established, thriving brewery that has fostered a true destination - housing a well-located, excellent gathering space for locals and travelers alike.
The family-friendly atmosphere at Weekend Beer is supported by a curated mix of up to 4 food truck spaces, providing a beloved mix of local food options within the 8,500 SF fenced courtyard surrounding the brewery.
The Property is a rare development that was 'done right' - the newer construction warehouse is a flexible clear-span steel-frame structure, with an intuitive and forward-thinking layout. All systems, utilities, and major improvements were thoughtfully designed, and allow for a convenient path for the next phase of the Property.
The opportunity at 1863 is clear for prospective buyers - an excellent investment property with room to grow. Contact Robyn Lasky at
The Property is home to the thriving local icon, the Weekend Beer Company (hereafter, "WBC"). Originally beginning as a brewery operation in 2018, the home of WBC celebrated a grand opening in early 2021, and has seen explosive growth and community love ever since.
The mostly level, rectangular shaped 2.42 acre lot encompasses 3 tax lots, and presents the rare option of flexibility: a buyer may choose to take down the Property purely as a leased investment at a strong return, or could pursue significant additional development. Potential development options are available upon request to the listing brokers.
Approved plans are on hand for a phased development adding 26,850 SF of similar industrial space across 2 new buildings. While the site lends itself well to that style of development, prospective buyers are not limited to a single site plan.
The tenant, Weekend Beer Company, is an established, thriving brewery that has fostered a true destination - housing a well-located, excellent gathering space for locals and travelers alike.
The family-friendly atmosphere at Weekend Beer is supported by a curated mix of up to 4 food truck spaces, providing a beloved mix of local food options within the 8,500 SF fenced courtyard surrounding the brewery.
The Property is a rare development that was 'done right' - the newer construction warehouse is a flexible clear-span steel-frame structure, with an intuitive and forward-thinking layout. All systems, utilities, and major improvements were thoughtfully designed, and allow for a convenient path for the next phase of the Property.
The opportunity at 1863 is clear for prospective buyers - an excellent investment property with room to grow. Contact Robyn Lasky at
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
5,200 SF
Year Built
2020
Price
$1,700,000
Price Per SF
$326.92
Tenancy
Single
Building Height
2 Stories
Building FAR
0.05
Lot Size
2.24 AC
Zoning
I-P - Industrial Park
Parking
68 Spaces (13.08 Spaces per 1,000 SF Leased)
Frontage
340’ on NW Washington Blvd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $226,710 | Total Assessment | $1,365,450 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$226,710
Improvements Assessment
$0
Total Assessment
$1,365,450
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Weekend Beer Co Brewery Sale-Leaseback | 1863 NW Washington Blvd
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