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Kammerer Industrial Park 720 NE Granger Ave 37,916 SF 64% Leased Industrial Building Corvallis, OR 97330 $5,500,000 ($145.06/SF) 5.83% Cap Rate
INVESTMENT HIGHLIGHTS
- ***OWNER WILL CARRY FINANCING AT BELOW MARKET RATES*** Negotiable terms. Seller will entertain offers.
- Served by wells and septic systems. Located in the county. No city taxes.
- 22.4 acres- 4 zoned Rural Industrial and 18 zoned EFU.
- 10 units, 1 house (office), 1 manufactured home (residence) and 5 storage units.
- 3 phase power.
- Extremely stable tenant base.
EXECUTIVE SUMMARY
Owner will carry financing and terms are negotiable. Seller will not subordinate the note to another loan though (must be in first position). Seller is currently occupying 5250 square feet and would leaseback on that space and will rent back for a period of time. Two other vacant spaces but all others are full. Numbers on proforma reflect park at full occupancy and a gross income of $568,740 which represents 37,916 square feet rented at $1.25 per foot per month ($15 per square foot annually).
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
UTILITIES
- Water - Well
- Sewer - Septic Field
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl - J North
- 836 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl - D East | 1,450 SF | Industrial | Full Build-Out | Now |
| 1st Fl - J North | 836 SF | Industrial | Full Build-Out | Now |
1st Fl - D East
| Size |
| 1,450 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - J North
| Size |
| 836 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 29
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl - D East
| Size | 1,450 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
1 1
PROPERTY TAXES
| Parcel Number | 042840 | Total Assessment | $406,576 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
042840
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$406,576 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 76
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Vanguard Realty Group
Kammerer Industrial Park | 720 NE Granger Ave
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