29191 Dike Rd 21,360 SF 100% Leased Industrial Building Rainier, OR 97048 $125,000,000 ($5,852.06/SF)

88.7 Acre Industrial Land
Capacity Commercial Group is pleased to exclusively present the unique opportunity to acquire a premier industrial site along the Columbia River in Rainier, Oregon.
Property Highlights:
• Approximately 3,840 linear feet of property is adjacent to the Columbia River
• Infrastructure includes two wharfs, multiple dolphins, rail siding, and excellent access to Hwy 30 and I-5.
PROPERTY INFORMATION
Address: 29191 Dike Rd. Rainier, OR 97048
Combined Building Area: 21,360 SF
Land Area: 88.77 AC (3,866,821 SF)
Zoning & Tax Lots: 4 Tax Lots – Both Light and Heavy Industrial
INFRASTRUCTURE
Lower Wharf 206’ face, 22’ CRD depth, 6 mooring dolphins, 900’ mooring alignment
Upper Wharf 128’ face, 23’ CRD depth, 6 mooring dolphins, 873’ mooring alignment
Additional Mooring Dolphins
· Multiple tween dolphins with 125’ spacing
· Five additional dolphins with 124’ spacing, 500’ mooring alignment, average 20’ CRD depth
Deep-water Dock
Potential to construct a deep-water berth with OPEN CELL™ SHEET PILE (OCSP) bulkhead technology and dredge a channel to -43-ft (CRD). (Conceptual plans and proposal are available for review)
Rail Siding
· 1 private siding - 1800’, 90#, 112#, 125# rail
· 2 spur industry tracks; 1930’, 133#, 125# rail; 1350’, 125# rail
· Cleared for 286K (gross weight)
· Daily interchange with BNSF at Vancouver, WA
· Plate B, C, F, and H clearance - Dimensional high/wide clearance, with engineering approval
· Select Union Pacific access via I-5 Proportional Rate Agreement
UTILITIES
Water
· Private Well with capacity of 1000 gallons per minute
· Water rights permit: 1.11 CFS (532 gallons per minute) from Columbia River
· 2” service connection off Dike Rd, 8” connection off King Drive
· 80 psi water capacity for 2” & 8” lines
Electricity
· Columbia River PUD: 3 MW capacity, potential to increase to 12 MW
· Clatskanie PUD: 8 MW local distribution capacity, potential to increase to 300 MW with short transmission line upgrade.
· Clatskanie PUD has the lowest electric rates in the state and is an active power market participant, serving multiple existing industrial loads.
Sewer
· Provided by the City of Rainier
· Two 2” pressurized lines, two additional 10” & 18” gravity-fed lines
Stormwater
· On-site stormwater retention/detention systems
· On-site self-contained wash pads
Telecommunications
· CenturyLink: Copper wire infrastructure
· Comcast: Fiber-optic infrastructure with 50 Mbps, increasable to 100 Mbps
· Unused fiber-optic cable beneath site
Rail Infrastructure
• 1 private siding
- 1800’, 90#, 112#, 125# rail
• 2 spur industry tracks
- 1930’, 133#, 125# rail
- 1350’, 125# rail
• Cleared for 286K (gross weight)
• Daily interchange with BNSF at Vancouver, WA
• Plate B, C, F, and H clearance
- Dimensional high/wide clearance, with engineering approval
• Select Union Pacific access via I-5
REAL ESTATE IMPROVEMENTS
Offices
· Main Office (West End): 20’ x 26’ (520 SF) includes 3 private offices, two open work areas, conference room, restrooms, kitchen, and outdoor deck/break area
· Waterfront Training Office: 26’ x 48’ (1,248 SF) includes 5 offices, and an open conference training room with a capacity for 40 people
Maintenance Shop
· 270’ x 50’ (13,500 SF) includes 4 fully enclosed bays, 7 open bays, each bay door/opening is 21’ wide x 18’ high, LED lighting, bathroom and WiFi enabled.
Big Top Open End Metal Framed Structure
· 80’ x 60’ (4,800 SF) with 18’ eave height
Truck Scale (West End)
· Powell Scales — Accutech Software 70’ with Scalers office 10’ x 24’ (240 SF) includes 2 offices and a bathroom
Total Improvements: 21,360 SF
ECONOMIC DEVELOPMENT
Enterprise Zone Overview
· The entire property is within the Lower Columbia River Enterprise Zone
· The purpose of the enterprise zone is to foster new investment in the region
Benefits of the Enterprise Zone
· Exemption of Property Taxes During the Construction phase
· Exemption of Real and Personal Property Taxes for Job Creation and Investment (exempt for three (3) years if job creation & investment can occur)
· Additional Years of Tax Exemption (depending on the level of investment)
· Discounted and Accelerated Building Permits
Regional Solutions Team (RST)
· The State of Oregon, under the Governor’s office, has convened Regional Solutions Teams (RST) to facilitate new and re-development across the state
· The RST may include local, regional, state and federal agencies as available.