596 Hoffman Road

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596 Hoffman Road

Independence, OR 97351
Asking Price
$6.00M
Asset Type
Manufacturing Industrial
Class
Class B

What's Special

Industrial | 57,811 SqFt <p>*Numerous private offices, a kitchen, and a conference room</p><p>*Approximately 319 Parking Spaces</p><p>*Sprinkled Building (wet)</p><p>*Heated Warehouse</p><p>*Clear Height of 21' - 24'</p><p>*3-Phase Power - 1600 AMPs, 480V</p><p>*Multiple Grade Level Doors</p><p>*(2) 12Wx12H</p><p>*(1) 20Wx12H</p><p>*(1) 14Wx16H</p><p>*(1) 12Wx8H</p><p>*(1) 12Wx9H</p><p>*Operational Ventilation System (possibly suitable for a paint booth)</p><p>*Plumbed for compressed air throughout</p><p>*Located within

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NOI
$80,000
Cap Rate
1.33%
DSCR
0.22
Underwater
Cash-on-Cash
-15.35%
Monthly Payment
$29,684.721
Annual Cash Flow
$-276,216.656

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