596 Hoffman Rd 60,000 SF Industrial Building Independence, OR 97351 $4,200,000 ($70/SF)
INVESTMENT HIGHLIGHTS
- Zoned heavy industrial
- Office Space available
- Sale and Lease opprtunity
EXECUTIVE SUMMARY
Expansive open warehouse areas, ample and welcoming office space with heavy power with multiple ingress & egress points for semi traffic. Plumbed for compressed air and sprinkled throughout. Several large roll-up doors, warehouse heat and LED lighting. Includes operational ventilation system, contained in a controlled area. Formerly used for fiberglass, the ventilation system can also serve other uses such as painting.
PROPERTY FACTS
| Price | $4,200,000 |
| Price Per SF | $70 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.72 AC |
| Rentable Building Area | 60,000 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Parking Ratio | 1.61/1,000 SF |
| Clear Ceiling Height | 24’ |
| Zoning | IH - Heavy Industrial |
AMENITIES
- Fenced Lot
- Mezzanine
- Signage
UTILITIES
- Water
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Warehouse: 57,811 SF Lease Rate: $0.65/SF/MO + NNN, blended Parking lot 2.91 acres Lease Rate $0.12/SF/MO, NNN
| Space | Size | Space Use | Condition | Available |
| Ground - warehouse | 57,811 SF | Industrial | Full Build-Out | Now |
Ground - warehouse
| Size |
| 57,811 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Portland
653,115
59
1 h 20 m
Seattle
744,955
230
4 h 42 m
Sacramento
508,529
536
10 h 20 m
Stockton
311,178
579
11 h 7 m
Oakland
429,082
584
11 h 14 m
San Francisco
883,305
588
11 h 20 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
163,892
Total Labor Force
84,925
Unemployment Rate
3.74%
Median Household Income
$75,289
Warehouse Employees
8,841
High School Education Or Higher
93.70%
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,527,780 | |
| Land Assessment | $380,700 | Total Assessment | $2,908,480 |
