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Cipole Industrial Park

Cipole Industrial Park

$5,780,000.00Price

19730 SW Cipole Road, Tualatin, OR 97062

Rentable Bldg Area:  13,100 SF

Land Area: 166,835 SF

Proforma Cap Rate: 6.55%

 

 

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  • Investment Highlights

    Newer construction warehouse property with frontage on SR-410


    Excellent Owner-User or Investment Opportunity


    Oversized lot creates opportunity for additional income and future
    development


    High barrier to entry for similar product


    Existing I-502 Business also available Contact Brokers for more information

    Attractive basis below replacement cost

     

  • Investment Overview

    The Vara Group is pleased to present the sale offering for the property located at 19730 SW Cipole RD in Tualatin, OR. The property sits on a 3.83 acre lot in the heart of Tualatin’s General
    Manufacturing (MG) zoning district. With ample development space this asset provides the opportunity for a variety of potential uses.


    This well-maintained property sits at the convergence of two major Interstates offering both stability and value-added potential. An incoming investor will enjoy passive cash flow from the existing tenants, while the yard can be transformed to fit a variety of needs, including laydown yard, truck and trailer parking, or full-scale development. The buildings have received recent
    improvements, including exterior paint, resealing and striping of the parking lot, and new gutters. With its diverse tenant mix, this
    property presents a prime opportunity for any investor looking to establish a foothold in a rapidly growing industrial submarket.