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- LoopNet Team
2500 Industrial Ave
Hubbard, OR 97032
Maxim Crane Works · Industrial Property For Sale
Investment Highlights
- Premier, Portland MSA and High Barrier-to-Entry Location
- 18-Year Historical Occupancy and Mission-Critical
- Long-Term, NNN Lease
- Industry-Leading Tenant and Strength of Guarantor
- Attractive Concrete Construction
- Aggressive 2.50% Annual Rent Increases
Property Facts
Amenities
- Fenced Lot
- Storage Space
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
About 2500 INDUSTRIAL AVE , HUBBARD, OR 97032
A newly acquired facility for Maxim Crane Works, the Property is operating under a long-term NNN lease with aggressive 2.50% annual rent increases throughout both the base term and each of two, ten-year option periods. Maxim Crane Works is the largest coast-to-coast provider of comprehensive lifting services in the United States and one of the largest lifting solutions businesses in North America. Along with its affiliated companies, Maxim serves more than 10,000 customers through its fleet of over 2,600 cranes and 56+ branches. Its parent, Maxim Crane Works Holdings Capital, LLC, which fully guarantees the lease, reports annual revenue approaching $1.0 billion.
Property Taxes
| Parcel Numbers | Improvements Assessment | $71,600 | |
| Land Assessment | $261,030 | Total Assessment | $1,312,580 |
Property Taxes
