Listed by Colliers - Portland, Oregon
$7,115,000
18055 WI NE San Rafael Dr
Details
APN R540645
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 40,992
Lease Expiration 05/30/2030
Year Built 1978
Acreage 1.690
Zoning GI - General Industrial
Investment Type Owner/User
Ceiling Height 18’ to 21’
Loading Docks 4
Industrial | 40,992 SqFt
Marketing description
This industrial property located in the City of Gresham allows for easy access to Interstate 84. Although the property is legally within Gresham city limits, the address often is identified as a Portland address which can benefit those companies desiring the Portland brand but taking advantage of the being outside of that tax structure.
The building is currently demised for two separate tenants, each with their own entry and loading doors. Space 1 (24,354 SF) is currently leased to a cannabis grow through May 31, 2030. Lease economics will be released on a case-by-case basis to qualified buyers. Space 2 (16,638 SF) is occupied by the current owner of the building and could be vacated upon closing for an owner user purchase.
Investment highlights
- Located in the City of Gresham
- 2500 amps at 277/480v and 400 amps 120/208v
- Owner user can occupy a portion of the building
- Ability to also purchase the building next door
- Parking / Yard North side of building
- Tenant Spaces Space 1 - 24,354 SF - Lease expires May 31, 2030 Space 2 - 16,638 SF - Seller occupies
Listing Contacts
Listed by Colliers - Portland, Oregon
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