2920 Arnold NE Rd, Albany, OR 97321-7319

This exceptional investment opportunity presents a 17,115-square-foot single-tenant industrial property in Albany, Oregon. Located at 2920 Arnold Rd NE, this distribution/warehouse facility sits on a 3.24-acre lot and boasts a General Industrial (GI) zoning designation. Built in 1980, the property features a 15-year sale-leaseback agreement with SCR Worldwide Inc., a leading global producer of magnesium fluxes and anhydrous magnesium chloride. The lease includes 3% annual rent bumps and two five-year options, ensuring consistent income growth. The property's strategic location provides direct access to Interstate 5, offering convenient access to both Portland and Eugene. With an asking price of $1,912,500 and a Net Operating Income (NOI) of $153,000, this investment offers an attractive 8.00% capitalization rate. The property is situated in a highly desirable industrial area with minimal vacancy, making it a strong, low-risk investment. The sale-leaseback structure minimizes management responsibilities, providing a passive income stream for the investor. The property's strong tenant, long-term lease, and prime location combine to create a compelling investment opportunity in a robust industrial market. The Linn County property's APN is 10S03W28-00-00902.