This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
201 SW Airport Ave
Corvallis, OR 97333
Fedex Express - Corvallis · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 39,909 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | C | Tenancy | Single |
| Lot Size | 4.50 AC |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.50 AC |
| Rentable Building Area | 39,909 SF |
| No. Stories | 1 |
| Tenancy | Single |
About 201 SW Airport Ave , Corvallis, OR 97333
Leased Investment Property - Tenant: Fedex Express Building size: 39,909 sq. ft. - Land area: 4.5 acres (196,020 sf) Leasehold property On a ground Lease that expires in 2046 with a 10-year option to extend. Lessor: City of Corvallis NOI: Approximately $213,765 - Cap rate: 6.25% Lease term recently extended another 5 years (6.5 years remaining on current term). 5-year option to extend thereafter NW corner of Hwy 99 and SW Airport Avenue in the Corvallis Airport Industrial Park. Excellent visibility from Hwy 99. The property is approximately 4 miles south of the downtown Corvallis and OSU, 13 miles from I-5, and 31 miles from Eugene
PROPERTY TAXES
| Parcel Number | 362579 | Improvements Assessment | $541,700 |
| Land Assessment | $0 | Total Assessment | $541,700 |
PROPERTY TAXES
Learn More About Investing in Industrial Properties
