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1913-1957 Fescue St SE Albany, OR 97322

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For Sale
$3,525,000

Class A light industrial building with long-term tenant, great location.

Type:Industrial
Property size:
24,260 SF
Added:
Jan 26, 2026
Days on Market:
65
Last Refresh:
Mar 25 at 8:47 pm

Property Features for 1913-1957 Fescue St SE

General Information

Standard status
Active
Size
24,260 SF
Property subtype
Industrial

Building Details

Year Built
2000

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Listing Contact
Curt Arthur, SIOR

Listing agent Curt Arthur, SIOR License ##910200259

Listing office

Listing date Jan 26, 2026

Source Corfac

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 Curt Arthur, SIOR


Overview

Light Industrial Building Investment Opportunity

This Class A light industrial building presents an outstanding investment opportunity, having been occupied by the same tenant for nearly 25 years. The building is comprised of approximately 65% warehouse space and 35% office space, and is in excellent condition throughout. The tenant is prepared to sign a long-term lease extension at closing, with a starting rate of $0.815 per square foot per month, triple net. This rate is a blended rent considering both the office and warehouse spaces. The property is visible from Interstate 5 and is located less than 1/2 mile from the Highway 20 interchange. For 25 years, Concept Systems, Inc. has provided automation consulting, controls and workflows, process controls, and precision panel fabrication services. They offer on-site or remote service automation support to clients across various industries. Situated less than 1/2 mile from an I-5 interchange, the Fescue/Rye Street corridors are home to several light-manufacturing businesses. Albany is a manufacturing community with a history in wood products, titanium, metal fabrication, and industrial manufacturing. Albany is near Corvallis, home to Oregon State University and the Hewlett Packard research and science campus.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Albany
County
Linn
State
Oregon
Longitude
-123.06
Latitude
44.6236

FAQs

What type of property is this?
Manufacturing property - Class A light industrial building with long-term tenant, great location.
Where is this manufacturing property located?
The property is located at 1913-1957 Fescue St SE Albany, OR.
What is the asking price?
The asking price for this property is $3,525,000.
What are key features of this property?
This property features: Long‑term NNN lease at closing ensures stable income.; Established tenant with a 25‑year history in the building provides security.; Outstanding cap rate at fair market rent offers strong investment potential.
More about this property
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