5073 Salem Dallas Highway

5073 Salem Dallas Hwy Salem, OR 97304

5073 Salem Dallas Hwy, Salem, OR, 97304
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FOR SALE
Property Type:
Warehouse
Amount:
$2,650,000
Last Verified:
Oct 01, 2022

Highlights

  • Sale Terms: All cash sale w/ leaseback, at a 7% cap rate and sales price of $2,650,000.
  • Leaseback Terms: Absolute NNN Lease. Initial 5-year lease with one (1) 5-year option. Lease ideally includes Option to Purchase back at year 5 and/or between year 5 and 10 or a First Right of Refusal.
  • Business is not for sale.

Description

The subject property is an approximately 24,050 sf metal building with a 15-ton operating overhead crane plus small outbuilding. Includes executive and workspace offices all sitting on two tax lots totaling 4.57 acres with Highway 22 frontage in West Salem. Absolute NNN leaseback. 7% cap rate. Price includes add'l tax lot. Business is not for sale.

ABSOLUTE NNN LEASEBACK - 7% CAP RATE - WELL-KNOWN W SALEM INDUSTRIAL PROPERTY with Additional Tax Lot


Year Built: 1971
Building Size: 24050sq ft
Lot Size: 4.57 acres

Map of 5073 Salem Dallas Hwy, Salem, OR, 97304

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