1725-1735 Kingwood Street

1725-1735 Kingwood Street, Florence, OR 97439

  • For Sale $2,600,000
  • Property Type Industrial - Manufacturing
  • Property Size 20,982 SF
  • Units 12
  • Lot Size 0.94 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 4, 2024
  • Grade Level Doors 12
  • HVAC None
Macadam Forbes is excited to offer the a rare multi-tenant industrial investment located at 1725-1735 Kingwood Street, Florence for sale. This unique investment opportunity is comprised of 2 clearspan metal buildings, situated on just under 1 acre, located in the center of Florence's industrial district, and is 91.7% occupied. The 20,982 SF of rentable building area includes 9,342 SF at 1725 Kingwood (Building 1) and 11,640 SF at 1735 Kingwood (Building 2). There are 12 separate units throughout both buildings; Building 1 has 5 suites and building 2 has 7 suites. Each unit has its own 12' x 14' grade level door, bathroom, a mix of warehouse and office space (Unit 1735D has no office), and is separately metered for utilities. With virtually no vacancies in the Florence industrial market, the demand for small-bay industrial space in this area is consistently high. This is a rare opportunity to acquire a well-maintained asset that offers stability, and provides a major value-add opportunity almost immediately.*Sale Bullets Here*

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Attachments

Highlights

  • Sale Price: $2,600,000
  • $ / SF: $123.92
  • Cap Rate: 6.13%
  • NOI: $159,454.15
  • Rental Rate: $8.985 / SF / YR ($.748 / SF / MTH)
  • Lease Type: Modified Gross (MG)
  • Pro-Forma Cap Rate: 10.68%
  • Pro-Forma NOI: $277,746.70
  • Pro-Forma Rental Rate: $13.647 / SF / YR ($1.137 / SF / MTH)
  • Pro-Forma Lease Type: Triple Net (NNN)

Contacts

broker

Zach Reichle

Macadam Forbes

Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent
  • Bike Score ®

    65/100 Bikeable
Powered by Walk Score ®
  • City Florence, OR
  • Neighborhood Florence
  • Zip Code 97439
  • Market Eugene

Points of Interest

  • 76

    0.40 miles

  • Pacific Pride

    0.49 miles

  • VP Fuels

    0.56 miles

  • WCEH Florence

    1.09 miles

  • Fred Meyer Fuel

    1.94 miles

  • Fuelgood

    2.59 miles

  • Port of Siuslaw Boardwalk

    0.97 miles

  • Port of Siuslaw

    0.97 miles

  • South Jetty OHV Staging Area

    1.78 miles

  • Goose Pasture Staging Area

    2.10 miles

  • Rock Dock County Park

    2.17 miles

  • Honeyman State Park Lodge

    3.46 miles

  • Eye of the Needle

    3.48 miles

  • Sand Dunes Parking Area

    3.60 miles

  • Honeyman Welcome Center

    4.04 miles

  • Siltcoos Beach Access and OHV Staging

    7.17 miles

  • A&W

    0.43 miles

  • Ichiban

    0.46 miles

  • Abby's Pizza

    0.46 miles

  • McDonald's

    0.48 miles

  • Ixtapa

    0.49 miles

  • Organic Noodle

    0.59 miles

  • Subway

    0.60 miles

  • The Dunes Cafe

    0.63 miles

  • Taco Bell

    0.64 miles

  • Los Amigos Burrito Taqueria

    0.70 miles

  • Grocery Outlet

    0.56 miles

  • Park Place

    0.61 miles

  • Safeway

    0.66 miles

  • Bi-Mart

    1.66 miles

  • Fred Meyer

    1.87 miles

  • Florence Police Station

    0.46 miles

  • PeaceHealth Peace Harbor Medical Center

    0.69 miles

  • Suislaw Valley Fire and Rescue

    0.69 miles

  • Florence Pharmacy

    0.86 miles

  • Oregon Integrated Health

    0.89 miles

  • WLFEA - Old Town Station #3

    0.93 miles

  • Rite Aid

    1.11 miles

  • Bi-Mart

    1.66 miles

  • Fred Meyer Pharmacy

    1.86 miles

  • Siuslaw Valley Fire Rescue

    9.75 miles

Frequently Asked Questions

How much does 1725-1735 Kingwood Street cost?

The space currently listed for sale at 1725-1735 Kingwood Street asks for $2,600,000.

What is the total square footage of 1725-1735 Kingwood Street?

1725-1735 Kingwood Street totals 20,982 square feet.

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Contact Listing Broker

broker

Zach Reichle

Macadam Forbes