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6275 Blimp Blvd 14,099 SF Industrial Building Tillamook, OR 97141 $7,489,000 ($531.17/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Lease guaranteed by U.S. Federal Government, featuring an Aaa credit rating and unrivaled income security
  • New 2024 build-to-suit construction, specialized to meet the specific requirements of the BLM, consisting of office, wareyard area
  • BLM Tillamook Field Office has a staff of 28 employees and manages
  • New lease for a 20-year firm (non-cancellable) term commenced in December 2024 with U.S. General Services Administration
  • Tillamook Field Office manages over 104,000 acres, overseeing an average of 20 – 25 million board feet in annual harvest
  • BLM Tillamook Field Office serves as a relocation to the Port of Tillamook and a replacement of the prior BLM building within the Tillamook market

PROPERTY FACTS

Price $7,489,000
Price Per SF $531.17
Sale Type Investment
Cap Rate 6%
Property Type
Industrial
  • Industrial Warehouse
  • Industrial Service
Building Class B
Lot Size 2.90 AC
Rentable Building Area 14,099 SF
No. Stories 1
Year Built 2024
Tenancy Single
Parking Ratio 4.26/1,000 SF
Zoning M-1 General Industrial - Manufacturing and Industrial Uses

AMENITIES

  • Cooler
  • Fenced Lot
  • Fitness Center
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Bureau of Land Management
  • Public Administration
  • 99,999 SF
  • $9.99
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Bureau of Land Management Public Administration 99,999 SF $9.99 Jan 0000
  • Listing ID: 37173903

  • Date on Market: 8/7/2025

  • Last Updated:

  • Address: 6275 Blimp Blvd, Tillamook, OR 97141

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