1001 SW 1st Street, Redmond, OR 97756
- $2,950,000
- List Price
- $2,950,000
Property Description
1001 SW 1st Street has a single tenant on a NNN lease in 20,231 SF on 1.89 acres. Offering a 6.47% Cap Rate and $190,956 NOI Annually. The current tenant has been at the same location for over 12 years. Construction is pre-engineered steel building with a metal roof on approximately one-half of the building with open work spaces and separate offices. The entire facility is sprinkled with a fully charged dry style fire suppression system. The lighting was updated with energy trust of Oregon to LED office lighting and duel essence LED T-8 Universal low Voltage light in the warehouse area. There are several grade level roll up doors and multiple restrooms. Property also features a large paved parking lot. Call to schedule a tour.
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Listing courtesy of Coldwell Banker Commercial Realty.
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