120-220 Palmer Ave, Cottage Grove, OR 97424
22,000 SF | 100% Leased | Industrial Building | Cottage Grove, OR 97424 | $2,600,000 ($118/SF)
For Sale
Active
Asking Price $2,600,000
- Property Type
-
Industrial
- Price / Square Foot
- $118
Listing Contacts
- Property Info
Property Overview
LEASED INDUSTRIAL BUILDING. OWNER-USER or INVESTMENT OPPORTUNITY.
120 - 220 Palmer Avenue is a well-maintained 21,990-square-foot building on 1.02 acres of industrial land, spread across 2 tax lots.
Constructed in 1985 with reinforced concrete, the building includes 2 grade-level and 4 dock-height doors. Ample parking, with 30 on-site spots plus street parking.
Tenants include Emerald Fitness Club, which is leasing 17,000 square feet until 12/01/2024 (with three 5-year renewal options) at $7,000/month plus utilities, and Agricola Collective, a cannabis facility, which is occupying 4,990 square feet on a month-to-month basis at $9,400/month.
120 - 220 Palmer Avenue is a well-maintained 21,990-square-foot building on 1.02 acres of industrial land, spread across 2 tax lots.
Constructed in 1985 with reinforced concrete, the building includes 2 grade-level and 4 dock-height doors. Ample parking, with 30 on-site spots plus street parking.
Tenants include Emerald Fitness Club, which is leasing 17,000 square feet until 12/01/2024 (with three 5-year renewal options) at $7,000/month plus utilities, and Agricola Collective, a cannabis facility, which is occupying 4,990 square feet on a month-to-month basis at $9,400/month.
Property Details
- Class
- B
- Year Built
- 1985
- Stories
- 1
- Property Subtype
- Distribution, Freestanding, Storefront Retail/Office
- Lot Size (sq. ft)
- 22,216 SF
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