0 Evergreen Rd Woodburn, OR 97071
This exceptional Class A industrial property, I-5 Logistics Center East, presents a rare opportunity in Woodburn, Oregon's thriving market. Situated on a 29.57-acre site, this 502,806 square foot warehouse boasts 513,193 square feet of vacant space, divisible to 260,000 square feet, making it ideal for multiple tenants. The building, completed in 2023, features a modern design with a 36-foot clear height ceiling, 100 dock-high doors, and 4 drive-in doors. Ample parking is provided with 102 trailer spaces and 440 auto parking spaces, supported by three dedicated truck court ingress/egress points and a separate employee entrance. The facility is equipped with a robust 3000-amp, 480v electrical service, expandable as needed, and a 600 PSF floor load. A cross-dock design with trailer parking on both sides optimizes efficiency. The property's strategic location along I-5 offers unparalleled freeway access, placing it in close proximity to major distribution centers, including a nearby Amazon fulfillment center. This shovel-ready site, approved by the city, is ready for immediate development, with a build-to-suit option offering a 14-month delivery timeline from contract execution. The property includes an ESFR sprinkler system and the possibility of full perimeter security fencing. This is one of the few sites in the Portland Metro area capable of immediately accommodating a building exceeding 500,000 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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