Owner User Opportunity: Fully Leased Industrial Flex Jewel with 5,101 SF and 6% Cap Rate

Highlights:

• Total Space: 5,101 SF across four fully occupied industrial flex units
• Owner User Flexibility: Three of four tenants on month-to-month leases, allowing potential owner occupancy of multiple units
• Configuration: Each industrial flex unit includes one drive-in bay door, warehouse space, and a mezzanine with a small office
• Zoning: Industrial General (IG), accommodating a wide range of industrial flex and commercial activities
• Lot Size: 0.14 acres, minimizing maintenance costs for industrial flex operations
• Occupancy: 100% leased, providing consistent income for industrial flex investors
• Financials: $940,000 sale price, $56,400 NOI, 6% cap rate
• Construction: Designed for durability, supporting light industrial flex and service-oriented businesses
• Accessibility: Drive-in bay doors ensure operational efficiency for industrial flex tenants
• Investment Value: Stable industrial flex asset with strong returns and significant owner user potential in a high-demand market

Description:

OWNER USER OPPORTUNITY - NEW TO MARKET! This owner user opportunity at 3603-3633 Candlewood Ct NE in Keizer, Oregon, presents a 5,101 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, three of the four tenants are on month-to-month leases, offering significant flexibility for an owner user to occupy multiple units or continue leasing for investment purposes. Priced at $940,000, the industrial flex building generates a Net Operating Income (NOI) of $56,400, yielding a solid 6% capitalization rate. Positioned on a compact 0.14-acre lot, this low-maintenance industrial flex property is an attractive opportunity in Keizer’s thriving industrial flex market.

Flex space units on the north side of the street on Candlewood Ct near the Parkway and I-5 access.

1 Space Available