Tennessee Rd, Lebanon, OR 97355
This exceptional industrial investment property in Lebanon, Oregon offers 12,000 square feet of low-maintenance, newer construction warehouse space situated on a 0.7-acre lot. Its prime location provides easy access to Interstate 5 in the mid-Willamette Valley, a market currently experiencing low vacancy rates. The property boasts a stabilized multi-tenant occupancy, with a portion currently occupied by the seller who is prepared to lease back under favorable terms, ensuring immediate and consistent cash flow. The current capitalization rate, based on actual income, is in the mid-6% range, with a realistic pro forma projecting a rate in the mid-7% range, representing a significant upside potential for the investor. This presents a rare opportunity to acquire a below-market replacement cost asset generating substantial and growing returns. The property's modern construction and low-maintenance design minimize operational expenses, further enhancing its profitability. This is an ideal investment for those seeking a stable, high-yield asset in a desirable location with strong growth prospects. The seller's lease-back agreement provides a seamless transition and immediate income stream.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.