Industrial Campus with Rail
1164 Dell Ave Walla Walla, WA 99362
1164 Dell Ave, Walla Walla, WA, 99362
$15,250,000
For Sale
$15,250,000
Former beverage production campus with fenced yard, multiple docks, and an active rail spur into the loading area.
Property Size230,000 SF
Lot Size30.00 Acres
Price / SF$66.30
Days on Market69
Property Features for 1164 Dell Ave
General Information
- Standard status
- Active
- Size
- 230,000 SF
- Lot size
- 30.00 Acres
- Property subtype
- Industrial - Manufacturing
Building Details
- Year Built
- 1970
Listing agency
StrickerCRE
(509) 430-8533
Listed by
Derrick Stricker CCIM SIOR
Source
Commercialcafe
Added: May 14 Updated: Jul 21 at 3:02AM Checked: Jul 21 at 3:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of StrickerCRE
Investment Insights
Based on property information with market context.
Corner industrial campus at 1164 Dell Avenue featuring a fully fenced site with heavy industrial infrastructure and rail access. The property includes approximately 230,000 SF across a multi-building layout on roughly 30 acres, with space supporting production, storage, distribution, and industrial operations.
The campus includes over 120,000 SF of dry storage and distribution areas, production and processing space, cold storage, general warehouse space, and QC lab areas, plus industrial support infrastructure. Loading features include 9 dock-high doors with levelers and 7 grade-level doors, along with strong truck circulation for efficient movement within the yard.
Utilities and site services include a dedicated on-site wastewater treatment facility and heavy power availability throughout the property, including a 2000 kVA transformer and 4000A service with multiple 3-phase power connections. An active rail spur extends into the loading dock area, supporting rail-served operations at the facility.
The campus includes over 120,000 SF of dry storage and distribution areas, production and processing space, cold storage, general warehouse space, and QC lab areas, plus industrial support infrastructure. Loading features include 9 dock-high doors with levelers and 7 grade-level doors, along with strong truck circulation for efficient movement within the yard.
Utilities and site services include a dedicated on-site wastewater treatment facility and heavy power availability throughout the property, including a 2000 kVA transformer and 4000A service with multiple 3-phase power connections. An active rail spur extends into the loading dock area, supporting rail-served operations at the facility.
Key Highlights
- Former Refresco/Cliffstar beverage production campus at 1164 Dell Avenue in Walla Walla
- Approx. 230,000 SF industrial facility across multi‑building layout on roughly 30 acres (fully fenced 34‑acre site)
- Heavy industrial utilities: 2000 kVA transformer, 4000A service, and multiple 3‑phase power connections
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.07M | $9.00 |
| − Vacancy | −$140.8k | −$0.61 |
| EGI | $1.93M | $8.39 |
| − OpEx | −$578.8k | −$2.52 |
| NOI | $1.35M | $5.87 |
230,000 SF · lease $9.00/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$23.43M
$20.50M – $27.33M
NOI $1,639,854 @ 7.0% cap · market cap 10.75%
Second Best
Industrial
$19.29M
$16.88M – $22.51M
NOI $1,350,468 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$54.13M
$47.36M – $63.15M
NOI $3,788,928 @ 7.0% cap · market cap 24.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Refresco
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Former beverage production campus with fenced yard, multiple docks, and an active rail spur into the loading area.
Where is this manufacturing property located?
The property is located at 1164 Dell Ave Walla Walla, WA.
What is the asking price?
The asking price for this property is $15,250,000.
What are key features of this property?
This property features: Former Refresco/Cliffstar beverage production campus at 1164 Dell Avenue in Walla Walla; Approx. 230,000 SF industrial facility across multi‑building layout on roughly 30 acres (fully fenced 34‑acre site); Heavy industrial utilities: 2000 kVA transformer, 4000A service, and multiple 3‑phase power connections
