Leased Industrial NNN
For Sale
$2,500,000
306 S C Street, Phoenix, OR 97535
Single-tenant NNN leased industrial facility with sprinklers, dock high/grade loading, and two office buildings.
Property Size33,275 SF
Price / SF$75.13
Days on Market429
Property Features for 306 S C Street
General Information
Standard status
Active
Size
33,275 SF
Property subtype
Commercial
Occupancy
100%
Warehouse & Industrial
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Cap Rate
7.2%
Building Details
Tenancy
Single
Listing Agency:
Merit Commercial RE,LLC
Listed By:
Christopher Chamberlain
(541) 548-2131
Source:
Century21northhomes
Added: Jul 3, 2025
Changed: Sep 4
Last Checked: Sep 4 at 9:56AM
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 Merit Commercial RE,LLC
Investment Insights
Based on property information with market context.
Single-tenant NNN leased industrial facility in Phoenix, Oregon, with fire suppression sprinklers and multiple buildings totaling approximately 33,275 SF. The property includes about 4,080 SF of office space across two office buildings, along with approximately 23,635 SF of sprinkled industrial space in three buildings, plus about 5,560 SF of covered space, much of which is also sprinkled. Loading is supported by dock high and grade loading, and the facility includes heavy power.
The current lease is structured for $15,000 per month NNN with a five-year term and 3% annual increases. The lease expires May 31, 2030, and the remarks indicate an approximately 7.2% cap rate at the asking price.
This offering is presented as a single-tenant, leased asset with office and industrial space, including sprinkler protection and loading infrastructure designed for active warehouse operations.
The current lease is structured for $15,000 per month NNN with a five-year term and 3% annual increases. The lease expires May 31, 2030, and the remarks indicate an approximately 7.2% cap rate at the asking price.
This offering is presented as a single-tenant, leased asset with office and industrial space, including sprinkler protection and loading infrastructure designed for active warehouse operations.
Key Highlights
- Single‑tenant NNN leased industrial facility with approx. 33,275 SF total building area
- Lease runs on a 5‑year term with 3% annual increases; lease expires May 31, 2030
- Tenant rent is $15,000 per month NNN
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Heavy power
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97535, OR
5,015
Population
2,104
Households
2.4
Avg Household Size
46
Median Age
30%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
1,520
Density / Sq Mi
$60,451
Median Household Income
$35,000
Median Earnings
$1,284
Median Rent
$374,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Phoenix Self Storage LLC — 4435 S Pacific Hwy, Phoenix, OR 97535
- Pear Tree Lane Self Storage — 400 Pear Tree Ln, Phoenix, OR 97535
- Storage At Exit 24 — 65 Grove Rd, Phoenix, OR 97535
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant NNN leased industrial facility with sprinklers, dock high/grade loading, and two office buildings.
Where is this warehouse located?
The property is located at 306 S C Street Phoenix, OR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Single‑tenant NNN leased industrial facility with approx. 33,275 SF total building area; Lease runs on a 5‑year term with 3% annual increases; lease expires May 31, 2030; Tenant rent is $15,000 per month NNN
