Redmond Industrial Park-Industrial Portfolio Offering Development Opportunity with Current Cash Flow

Under Contract

Extraordinary Industrial Development Portfolio Opportunity with current cash-flow in Central Oregon. The property not only offers immediate current cash flow (7% CAP-Gross Op. Income $1,762,896-NOI:$1,314,600) ensuring a steady and reliable income stream from day one, but also presents an exciting opportunity to phase-in future development of the M-2 zoned Industrial land. This rare combination makes it ideal for those seeing both immediate returns and long term capital appreciation. Redmond Industrial Park is 100% leased. The excellent upside potential for this offering is only limited to one’s conceptual vision with the added bonus of the in-demand additional M-2 heavy industrial zone parcels that are in short supply in Central Oregon. Confidentiality Agreement is required for additional information. Please contact listing Broker (Tom Tapia) for additional information and details.

LAND:
Total Acreage: 44.61+/- M-2 Zoned Acreage
Development Ready: 30.61+/- M-2 Zoned Acreage

INDUSTRIAL FACILITIES:
Total Rentable Square Footage: 195,520+/- RSF
Occupancy: 100% Leased
Total Number of Tenants: Twelve (12)

Property Details