Listing Agency: JLL | Portland t***@jll.com Show Phone

Listed By: Tyler Sheils, SIOR · License #1008331

Source: Moodyscre

Added: Jul 10, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:00AM

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Investment Insights

Based on property information with market context.

This property features a large food production facility. It includes 183,000 square feet of cold storage floor space, 149,670 square feet dedicated to food processing with docks, and 82,800 square feet of ambient warehouse space also with docks. Additionally, there is 40,040 square feet of cold storage available.

Key Highlights

• Largest food production facility available in the state of Oregon
• 183,000 SF of cold storage floor stacked
• 149,670 SF of food processing with docks

Property Analytics

Property Profile

Current Use

Manufacturing properties

Suggested Use

Top Pick Law Firm Pharmacy (Bike/Boat/Book/etc) Store Hair Salon Parking Lot & Garage Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

410

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Manufacturing property - Large food production facility with cold storage and warehouse space.

Where is this manufacturing property located?

The property is located at 2210-2320 Madrona Ave SE Salem, OR.

What are key features of this property?

This property features: Largest food production facility available in the state of Oregon; 183,000 SF of cold storage floor stacked; 149,670 SF of food processing with docks