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15205 SW Arrow St

18,141 SF 87% Leased Industrial Building Sherwood, OR 97140 $7,000,000 ($386/SF) 5% Cap Rate

Investment Highlights

  • Tenants and Income in Place
  • .92-acre property
  • All steel construction
  • 18,141 SF: 10,837 SF Office & 7,304 SF Warehouse
  • 40 parking spaces
  • Premium standing seam roof

Executive Summary

NEW TO MARKET! Stabilized Income in Place. Newly completed Industrial building ideally programmed for the Owner User. Seller is tenant and is willing to lease back or vacate for an owner user Buyer. 18,141SF Total - 10,837 Sf Office & 7,304 sf Warehouse on .92 acres. 40 parking spaces, steel construction with a premium standing seam roof and a custom siding profile. 35' 11" maximum height, fully sprinklered, 4 rollup large doors, with loading zone @ rear of building, 100kW of solar panels (should cover all electrical utility bills), 3 Phase 600A service 480/277 and LED throughout.
Situated in the thriving Portland market, the area surrounding the property is known for its robust industrial, warehouse, and distribution landscape. Portland offers access to exceptional transportation infrastructure, including major highways and a well-connected rail network, facilitating seamless distribution and logistics operations. With a strong and diverse labor pool, the area provides ample employment opportunities to support industrial endeavors. Nearby points of interest include major transportation hubs, distribution centers, and industrial parks, showcasing the strategic importance of this location for businesses looking to expand or establish a presence in the Portland market.

Property Facts

Price $7,000,000
Price Per SF $386
Sale Type Investment or Owner User
Cap Rate 5%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 0.92 AC
Rentable Building Area 18,141 SF
No. Stories 2
Year Built 2023
Parking Ratio 2.2/1,000 SF
No. Drive In / Grade-Level Doors 2

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Mezzanine
  • 2,300 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Space Size Space Use Condition Available
Mezzanine 2,300 SF Office Full Build-Out Now

Mezzanine

Size
2,300 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size 2,300 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

zoning

Zoning Code LI (Light Industrial)
LI (Light Industrial)
  • Listing ID: 31641651

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 15205 SW Arrow St, Sherwood, OR 97140

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