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Bldg 4 - Candlewood Court Industrial Park 3642-3646 Candlewood Ct NE 3,246 sq ft 100% Let Light Industrial Property Keizer, OR 97303 £463,332 (£142.74/sq ft) 5.47% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Total Space: 2,595 SF across four fully occupied industrial flex units
- Configuration: Each industrial flex unit includes one drive-in bay door, warehouse space, and a mezzanine with a small office
- Lot Size: 0.12 acres, minimizing maintenance costs for industrial flex operations
- Owner User Flexibility: One tenant on a month-to-month lease, allowing potential owner occupancy
- Zoning: Industrial General (IG), accommodating a wide range of industrial flex and commercial activities
EXECUTIVE SUMMARY
NEW TO MARKET - OWNER USER OPPORTUNITY! - This owner user opportunity at 3642- 3646 Candlewood Ct NE in Keizer, Oregon, presents a 2,595 square foot industrial flex
building within the Industrial General (IG) zone. The property is fully occupied across four functional industrial flex units, each equipped with a drive-in bay door, warehouse space, and a mezzanine featuring a small office. Notably, one tenant is on a month-to-month lease, offering flexibility for an owner user to occupy a unit or continue leasing for investment purposes. Priced at $620,000, the industrial flex building generates a Net Operating Income (NOI) of $56,400. Positioned on a compact 0.12-acre lot, this low-maintenance industrial flex property is an attractive opportunity in Keizer’s thriving industrial flex market.
building within the Industrial General (IG) zone. The property is fully occupied across four functional industrial flex units, each equipped with a drive-in bay door, warehouse space, and a mezzanine featuring a small office. Notably, one tenant is on a month-to-month lease, offering flexibility for an owner user to occupy a unit or continue leasing for investment purposes. Priced at $620,000, the industrial flex building generates a Net Operating Income (NOI) of $56,400. Positioned on a compact 0.12-acre lot, this low-maintenance industrial flex property is an attractive opportunity in Keizer’s thriving industrial flex market.
PROPERTY FACTS
| Price | £463,332 | Total Plot Size | 0.23 ac |
| Price per sq ft | £142.74 | Net Internal Area (NIA) | 3,246 sq ft |
| Sale Type | Investment or Owner Occupier | No. Floors | 1 |
| Yield | 5.47% | Year Built | 2008 |
| Property Type | Light Industrial | Parking Allocation | 0.38/1,000 sq ft |
| Property Subtype | Light Distribution | Eaves Height | 16 ft 5 in |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 4 |
| Use Class | IG - Industrial General | ||
| Price | £463,332 |
| Price per sq ft | £142.74 |
| Sale Type | Investment or Owner Occupier |
| Yield | 5.47% |
| Property Type | Light Industrial |
| Property Subtype | Light Distribution |
| Costar Property Class | B |
| Total Plot Size | 0.23 ac |
| Net Internal Area (NIA) | 3,246 sq ft |
| No. Floors | 1 |
| Year Built | 2008 |
| Parking Allocation | 0.38/1,000 sq ft |
| Eaves Height | 16 ft 5 in |
| No. Drive In / Grade-Level Doors | 4 |
| Use Class | IG - Industrial General |
AMENITIES
- 24 Hour Access
- Storage Space
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PROPERTY TAXES
| Parcel Number | 549006 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £183,734 |
PROPERTY TAXES
Parcel Number
549006
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£183,734
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Bldg 4 - Candlewood Court Industrial Park | 3642-3646 Candlewood Ct NE
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