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Manufacturing For Lease • 103,723 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Industrial | 103,723 SF | $1.00 USD/SF/YR | |
The property consists of a ±103,000 SF industrial building that can be divided into multiple suites. The building is fully leased to PPM Technologies through January 2027 (earlier release may be available) and has been used as both single-user (PPM Technologies) and historically as multi-tenant use. The entire parcel is 5.59acres. The building offers clear heights ranging from 8’ to 26’ and on-site cranes and jib cranes. There are nine grade-level doors, two dock-high doors, ample 3-phase power, natural gas as well as +/-1 acre of extra land that offers a development opportunity. The property has a railway spur access with an elevated dock. The building has a modern and attractive street presence with good street access. Located in Newberg, Oregon, the property is situated within a well-established area near Highway 99W and it has excellent access to the greater Portland metropolitan area via 1-5 or Hwy 99W. The site offers ample parking with 149 spaces in addition to large yard space area. Excellent location near McMinnville and Portland and surrounded by Yamhill County "Wine Country". George Fox University is approximate 5 blocks southeast of the property. The building was built from 1950-1970 and renovated in 2020. It has many grandfathered-in opportunities like heavy power, utilities, blast & spray booth, 5 bridge cranes and 5 jib cranes and warehouse space. Walls are primarily concrete tilt and concrete block with exterior wall heights ranging from 10± feet (manufacturing/office area) to 28± feet in the manufacturing/warehousing area. The property is situated near to ample skilled workforce.
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Perfect for an Owner-user or Investor! The property is a +/-103,723 SF industrial building that is situated on 5.59acres. Currently the building is fully leased to PPM Technologies through January 2027 and an early-release may be available. The building is zoned M2, Light Industrial (City of Newberg) which allows for a broad range of uses, including: manufacturing, office, assembly, storage and distribution. The building offers clear door heights ranging from 8’ to 26’. There are nine grade-level doors, two dock-high doors, ample 3-phase power (heavy power), and ~11.4% office buildout with +/-1 acre of the 5.59acre parcel that is available land for development. There are 5 bridge cranes and 5 jib cranes with weight capacities from 3 to 5 tons among 10 cranes. The building was renovated in 2020 and it has a modern exterior-look and updated office and lobby area. It has a large, paved work yard/ample truck loading and 149 paved parking spaces. The building is "Sprinklered" with both a wet and dry system. Cooler space is available. The building is served by Union Pacific Railroad and has a railroad spur with an elevated loading platform that has two rail-loading doors. The property is considered a part of the Portland metropolitan area. Distances to nearby cities include: I-5 freeway 23 min drive (14.7 miles); Wilsonville 25 min drive/13.7 miles; Tualatin 22 min drive/12.7 miles; Tigard 26 min drive/14.5 miles; Beaverton 34 min drive/19.1 miles; Portland PDX Airport 58 min drive/35 miles; McMinnville 21 min drive/14 min. George Fox University is 5 blocks away. The property offers a skilled work-force that can be found in the surrounding neighborhood. Newberg is a fast-growing, dynamic community with a high standard of livability and is known as the "gateway to Oregon Wine Country". This property and building are an amazing opportunity for single user or multi-tenant scenarios. Lease or Sale available.
| High ceilings; large media blasting & spray booths; heavy power; five 5-ton overhead cranes and jib cranes; railroad spur w/ raised loading platform |
| 149 parking spaces; contemporary exterior; near to highway 99W and near to Sherwood and Portland to the east & the city of McMinnville to the west |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| PPM Technologoes |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Portland International | 59 min | - | 35.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 149 |
| Type: | Surface |
| Included in Rent: | Yes |
