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8736 River Road North, Salem, OR 97303
8736 River Road North
Salem, OR 97303

FOR LEASE: Two buildings in Salem less than a mile from Interstate 5. Eachbuilding is 15,836sf for a total of 31,672 rentable space. Buildings can be leased separately. The property sits on 4 acres fully fenced. There is a 3rd building that is being used S.S. Steiner. Both buildings are clear span inside with 24’ ceilings at the peak and 19’ at the eves. The first building has three 14’ grade level doors and the second building has one. Both warehouses have 8” slab and are able to handle heavy machinery and equipment. Building one is also able to cool and go as low as 28 degrees. This has been used to store hops in the past but any type of agricultural use is ideal for these warehouses.


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PROPERTY DESCRIPTION


ADDRESS

CITY, STATE, & ZIP

UNITS

YEAR BUILT

BUILDING SF

TYPE

CONSTRUCTION:

ZONING

APN

8736 River Road North
Salem, OR 97303

-

1958

31,672 Sqft

Warehouse

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EFU - Exclusive Farm Use

519500

OFFERING SUMMARY


SALE PRICE

PRICE PER UNIT

PRICE PER SF

CAP RATE

MARKET CAP RATE

GRM

MARKET GRM

.85/SF/Year Modified Gross Lease

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-

-

-

-

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PROPERTY DESCRIPTION


ADDRESS:

8736 River Road North

CITY, STATE, & ZIP:

Salem, OR 97303

UNITS:

-

YEAR BUILT:

1958

BUILDING SF:

31,672 Sqft

TYPE:

Warehouse

CONSTRUCTION:

-

ZONING:

EFU - Exclusive Farm Use

APN:

519500

OFFERING SUMMARY


SALE PRICE:

.85/SF/Year Modified Gross Lease

PRICE PER UNIT:

-

PRICE PER SF:

-

CAP RATE:

-

MARKET CAP RATE:

-

GRM:

-

MARKET GRM:

-

DEMOGRAPHICS


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POPULATION

A white background with a few lines on it

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HOUSEHOLDS

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MEDIAN AGE

A black and white drawing of a bag of money and a calculator.

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AVERAGE INCOME

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