Light Industrial Building Investment
1913-1957 Fescue St SE, Albany, OR 97322
Class A light industrial building with long-term tenant, great location.
Type:Industrial
Property size:
24,260 SFPrice / SF:
$145/SF- Added:
- Jan 26, 2026
- Days on Market:
- 111
- Last Refresh:
- Apr 5 at 8:29 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
Listing agent Curt Arthur, SIOR License ##910200259 (503) 588-4146
Listing office (503) 588-4146
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
HighLights
- 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.
- Strategic location with high visibility from Interstate 5 and proximity to Highway 20 interchange.
- Building is in outstanding condition throughout, minimizing potential maintenance costs.
- Tenant prepared to sign long‑term lease extension at closing.
Overview
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
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Linn
- State
- Oregon
- Longitude
- -123.06
- Latitude
- 44.6236
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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.
