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Cascades Business Center 52960 W Lane Rd 286,293 SF 4-Star Industrial Building Scappoose, OR 97056 $28,000,000 ($97.80/SF)



INVESTMENT HIGHLIGHTS
- 18 dock-high and 6 grade-level loading positions
- 35 minutes to Portland CBD and international airport
- 175-foot truck courts and ESFR sprinkler system
EXECUTIVE SUMMARY
proximity to U.S. Route 30, Portland’s CBD and international airport, and direct adjacency to Scappoose Airport (STB), providing unsurpassed regional, national, and international access. Completed in 2016, Cascades Business Center offers modern industrial functionality within one of the most sought-after industrial submarkets in Portland. The offering provides the potential for immediate value enhancement through the lease-up of the vacancy. With a modern industrial construction, prime location and historically strong market fundamentals, the Project represents an extremely rare opportunity to acquire a sizable industrial asset within the proven Portland market.
PROPERTY FACTS
| Price | $28,000,000 | No. Stories | 1 |
| Price Per SF | $97.80 | Year Built | 2016 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.34/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 30’ |
| Building Class | A | No. Dock-High Doors/Loading | 18 |
| Lot Size | 49.05 AC | No. Drive In / Grade-Level Doors | 6 |
| Rentable Building Area | 286,293 SF | ||
| Zoning | ABP & AIP - Airport Business Park & Airport Industrial Park | ||
| Price | $28,000,000 |
| Price Per SF | $97.80 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | A |
| Lot Size | 49.05 AC |
| Rentable Building Area | 286,293 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Tenancy | Single |
| Parking Ratio | 0.34/1,000 SF |
| Clear Ceiling Height | 30’ |
| No. Dock-High Doors/Loading | 18 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | ABP & AIP - Airport Business Park & Airport Industrial Park |
AMENITIES
- Wheelchair Accessible
- Reception
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Cascades Business Center (the “Project”) is strategically located adjacent to the Portland metropolitan area of Oregon. The Project consists of one Class A industrial manufacturing building totaling 286,293 square feet of modern industrial space featuring ± 28’-30’ clear heights, grade and dock-high loading and 175 foot concrete truck courts, as well as ±29 acres of excess developable land. Additionally, the Project encompasses a total of 49.059 acres (including excess land) within a highly desirable Northwestern Portland location with proximity to U.S. Route 30, Portland’s CBD and international airport, and direct adjacency to Scappoose Airport (STB), providing unsurpassed regional, national, and international access.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 286,293 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 286,293 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 286,293 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
Cascades Business Center (the “Project”) is strategically located adjacent to the Portland metropolitan area of Oregon. The Project consists of one Class A industrial manufacturing building totaling 286,293 square feet of modern industrial space featuring ± 28’-30’ clear heights, grade and dock-high loading and 175 foot concrete truck courts, as well as ±29 acres of excess developable land. Additionally, the Project encompasses a total of 49.059 acres (including excess land) within a highly desirable Northwestern Portland location with proximity to U.S. Route 30, Portland’s CBD and international airport, and direct adjacency to Scappoose Airport (STB), providing unsurpassed regional, national, and international access.
PROPERTY TAXES
| Parcel Number | 3107-00-00100 | Improvements Assessment | $22,895,250 |
| Land Assessment | $8,425,200 | Total Assessment | $31,320,450 |
PROPERTY TAXES
Presented by
Cascades Business Center | 52960 W Lane Rd
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