Listing Detail for MLS: 201801526
  •   Price:

    • $1,550,000

  • Listing #:
    • 201801526
  • Class:
    • Commercial
  • Status:
    • Active
  • Type:
    • Industrial,leased Investment,owner User,warehouse
  • Apx. SqFt:
    • 13,360
  • Lot Size:
    • 53579.00
  • Year Built:
    • 1989
  • Address:
    • 20576 Painters Court
  • City:
  • County:
    • Deschutes
  • Area:
    • Clab
  • State:
    • OR
  • Zip:
    • 97701

Description

2 leased industrial buildings in most desirable industrial market in Bend! Tenants are on short term or MTM leases. Rents are substantially below market. 6.31% cap rate on proforma rents. Building 1 totals 10,000 square feet and is currently leased to one tenant. The building has 3 dock high doors and 2 grade level doors and 18' ceiling height. Includes small office space and three restrooms. Building 2 totals 3,360 square feet and consists of six small industrial bays.

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  • Building Details
    • Newconstructionyn:
      • - No
    • Construction:
      • - Steel
    • Exterior:
      • - Fenced
    • Foundationdetails:
      • - Slab
    • Roof:
      • - Metal
    • # Of Floors:
      • - 1
    • Flooring:
      • - Slab
    • # Of Overhead Doors:
      • - 11.00
  • Unit 1
    • Unit 1 Sq. Ft.:
      • - 0.00
    • Unit 1 Rent:
      • - 0.00
  • Unit 2
    • Unit 2 Sq. Ft.:
      • - 0.00
    • Unit 2 Rent:
      • - 0.00
  • Unit 3
    • Unit 3 Sq. Ft.:
      • - 0.00
    • Unit 3 Rent:
      • - 0.00
  • Unit 4
    • Unit 4 Sq. Ft.:
      • - 0.00
    • Unit 4 Rent:
      • - 0.00
  • Unit 5
    • Unit 5 Sq. Ft.:
      • - 0.00
    • Unit 5 Rent:
      • - 0.00
  • Property Details
    • Lot Number:
      • - Lot Pt 5
      • - 6
    • LotSizeAcres:
      • - 1.23
    • Propertytype:
      • - Commercial Building
  • Parking
    • Parking:
      • - On Street Parking
      • - Parking Lot-asphalt
    • Parking:
      • - Yes
  • Utilities
    • Electric Company:
      • - Cla
    • Existing Water:
      • - City
    • Watersource:
      • - Cla
    • Sewer:
      • - City Sewer
    • Heating:
      • - Natural Gas
  • Lease Details
    • # Of Tenants:
      • - 7
    • Lease Type:
      • - Net
    • Lease Type:
      • - Modified Gross
    • Leased:
      • - Yes
  • Inc / Expenses
    • Est. Gross Op Income:
      • - $128,256.00
    • NetOperatingIncome:
      • - $97,795.00
    • Est. Total Exp:
      • - $24,048.00
    • TaxAnnualAmount:
      • - $9,817.50
    • Taxyear:
      • - 2017
    • Backup Pkg Avail:
      • - Yes
    • CapRate:
      • - 6.31
  • Miscellaneous
    • Daysonmarket:
      • - 67
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