12770 S Macksburg Rd
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12770 S Macksburg Rd
44,689 SF Industrial Building Canby, OR 97013 $2,900,000 ($65/SF) 7% Cap Rate
Investment Highlights
- Occupied by a single-tenant gross lease that expires April 30, 2025 with the recent extension. No further extensions included.
- Tenant has indicated they would like to remain, but a lease extension has not yet been agreed to.
- Refrigeration: 3,605 SF
- Approximately 18 acres is under-utilized and may be planted for additional crops or potentially subdivided for home site(s), after lease term.
- Office: 4,806 SF
- Freezer: 1,600 SF
Executive Summary
Fully equipped berry processing facility with additional irrigated land. The property is located in the heart of the Willamette Valley agricultural area with access to Highway 99E and Interstate 5 in under 20 minutes. Currently leased to California Splendor, Inc.
Property Facts
| Price | $2,900,000 | Lot Size | 41.50 AC |
| Price Per SF | $65 | Rentable Building Area | 44,689 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7% | Year Built | 1965 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Food Processing | Clear Ceiling Height | 20 FT |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Price | $2,900,000 |
| Price Per SF | $65 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Food Processing |
| Building Class | C |
| Lot Size | 41.50 AC |
| Rentable Building Area | 44,689 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Clear Ceiling Height | 20 FT |
| No. Dock-High Doors/Loading | 1 |
Amenities
- Fenced Lot
- Freezer (Space)
PROPERTY TAXES
| Parcel Number | 01032457 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,864,609 |
PROPERTY TAXES
Parcel Number
01032457
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,864,609
zoning
| Zoning Code | EFU, Clackamas County (Exclusive Farm Use, Clackamas County.) |
| EFU, Clackamas County (Exclusive Farm Use, Clackamas County.) |
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Kevin VandenBrink -
Kyle Latta -
Macadam Forbes, Inc.
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12770 S Macksburg Rd
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