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Flex Building with Clean Rooms

703 Water Av NE, Albany, OR 97321

For Lease
$6,840/Mo Modified Gross

Standalone metal construction includes heated office space, kitchen, two restrooms, and on-site parking.

Space Size7,200 SF
Days on Market29

Property Features for 703 Water Av NE

General Information

Standard status Active
Size 7,200 SF
Net Rentable 7,200 SF
Zoning Albany WF-Waterfront
Lease Type Modified Gross

Space & Availability

Available Space 7,200 SF
Contiguous Space 7,200 SF

Warehouse & Industrial

Clear Height 16 ft
Voltage 480 V

Additional Details

Lease Term 36 months

Building Details

Building Size 7,200 SF
Buildings 1
Construction metal building
Listing Agency: The Group Real Estate
Listed By: Jessica Hubert
Source: Horsepowerrealestateproperties
Added: Oct 16 Changed: Nov 11 Last Checked: Nov 12 at 4:22PM

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 The Group Real Estate

Rey
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Investment Insights

Based on property information with market context.

This standalone flex building offers 7,200 SF of metal construction, with heated office space, a kitchen, and two restrooms. Two clean rooms provide dedicated enclosed work areas. The building also has four roll-up doors, 16-foot ceilings, and 480V power.

On-site parking is available, and part of the property is fenced. The site carries Albany WF-Waterfront zoning; prospective tenants should confirm intended uses with the City of Albany. The modified gross lease has a minimum term of three years.

Key Highlights

  • 7,200 SF standalone metal building
  • Two clean rooms and heated office space
  • Four roll‑up doors and 16‑foot ceilings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tec Labs Laboratory

Suggested Use

Top Pick Storage Facility HVAC Service Electrical Service Hotel & Motel Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

16 ft
Clear height
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,051
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97321, OR

30,291
Population
11,790
Households
2.6
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
69.1 sq mi
ZIP Area
438
Density / Sq Mi
$95,687
Median Household Income
$45,963
Median Earnings
$1,264
Median Rent
$442,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Pono Bowl Co. Food Cart — we are mobile, 000, Albany, OR 97322
  • Grazing Oregon Charcuteries Restaurant & Catering — 613 NW Hickory St Suite 110, Albany, OR 97321
  • Grazing Oregon Catering — 613 NW Hickory St Suite 110, Albany, OR 97321

Frequently Asked Questions

What type of property is this?
Flex space - Standalone metal construction includes heated office space, kitchen, two restrooms, and on-site parking.
Where is this flex space located?
The property is located at 703 Water Av NE Albany, OR.
What is the lease rate?
The lease rate is $6,840/Mo.
What are key features of this property?
This property features: 7,200 SF standalone metal building; Two clean rooms and heated office space; Four roll‑up doors and 16‑foot ceilings
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