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Leavitt's Freight Services - 3855 Marcola Rd 3855 Marcola Rd 16,758 SF Industrial Building Springfield, OR 97477 $4,500,000 ($268.53/SF)
EXECUTIVE SUMMARY
The subject property is currently leased to Leavitt’s Freight Services, Inc. through July 2028, with two five-year renewal options in place. The existing lease provides for a monthly base rent of $16,000 ($192,000 annually), with no annual rent escalations during the initial term. CPI-based adjustments are applicable only at the commencement of any renewal term.
The facility is located on ±7.66 acres and includes two buildings, a ±12,052 SF shop and office building for fleet repair and maintenance, and a ±4,704 SF tire shop building for miscellaneous maintenance uses and associated 2nd story storage, employee break area and some undefined expansion space (potentially dorm rooms).
The facility is located on ±7.66 acres and includes two buildings, a ±12,052 SF shop and office building for fleet repair and maintenance, and a ±4,704 SF tire shop building for miscellaneous maintenance uses and associated 2nd story storage, employee break area and some undefined expansion space (potentially dorm rooms).
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 0113934 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,163,876 |
PROPERTY TAXES
Parcel Number
0113934
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,163,876
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Leavitt's Freight Services - 3855 Marcola Rd | 3855 Marcola Rd
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