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Bldg 1 - Candlewood Court Industrial Park 3603-3633 Candlewood Ct NE 5,101 SF 100% Leased Industrial Building Keizer, OR 97303 $940,000 ($184.28/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Total Space: 5,101 SF across four fully occupied industrial flex units
  • Configuration: Each industrial flex unit includes one drive-in bay door, warehouse space, and a mezzanine with a small office
  • Lot Size: 0.14 acres, minimizing maintenance costs for industrial flex operations
  • Owner User Flexibility: Three of four tenants on month-to-month leases, allowing potential owner occupancy of multiple units
  • Zoning: Industrial General (IG), accommodating a wide range of industrial flex and commercial activities

EXECUTIVE SUMMARY

OWNER USER OPPORTUNITY - NEW TO MARKET! This owner user opportunity at 3603-3633 Candlewood Ct NE in Keizer, Oregon, presents a 5,101 square foot industrial flex building within the Industrial General (IG) zone. The property is fully occupied across four functional industrial flex units, each equipped with a drive-in bay door, warehouse space, and a mezzanine featuring a small office. Notably, three of the four tenants are on month-to-month leases, offering significant flexibility for an owner user to occupy multiple units or continue leasing for investment purposes. Priced at $940,000, the industrial flex building generates a Net Operating Income (NOI) of $56,400, yielding a
solid 6% capitalization rate. Positioned on a compact 0.14-acre lot, this low-maintenance industrial flex property is an attractive opportunity in Keizer’s thriving industrial flex market.

PROPERTY FACTS

Price $940,000
Price Per SF $184.28
Sale Type Investment or Owner User
Cap Rate 6%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.27 AC
Rentable Building Area 5,101 SF
No. Stories 2
Year Built 2015
Parking Ratio 0.39/1,000 SF
Clear Ceiling Height 17’
No. Drive In / Grade-Level Doors 4
Zoning IG - Industrial General

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
549002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$256,850
  • Listing ID: 36604352

  • Date on Market: 7/3/2025

  • Last Updated:

  • Address: 3603-3633 Candlewood Ct NE, Keizer, OR 97303

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