33000 TENNESSEE RD Lebanon, OR $ 1,500,000
33000 TENNESSEE RD
$ 1,500,000
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33000 TENNESSEE RD

Lebanon, OR, 97355
$ 1,500,000
Bedrooms-- Baths-- Sq 12,000
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Property for Rent in Lebanon, OR

for $1,500,000. This 12,000 square foot property was built in 2020 on a lot size of 0.7.

Industrial investment property with 12,000 SF low maintenance, 2020 construction, multi-tenant building located in low-vacancy market. Stabilized tenancy includes ½ building occupied by current seller ready to lease back on favorable terms. Buy in at well below-market cost to replace and enjoy solid cashflow with a significant upside. Current cap rate in mid-6’s bumps into the 7’s based on realistic proforma. Close proximity to I-5 in mid-Willamette Valley.

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Rental Active

Price

$ 1,500,000

Taxes

$ 9,807

Style

LightIndustrial

Lot Size

0.7

Year Built

2020

Town/City

Lebanon

County/Region

Linn

MLS | Web ID

673064074

Features
General
Sewer PublicSewer
Heating Other
Cooling None
Roof Metal
Zoning IND
Construction Materials MetalSiding WoodFrame
Year Built 2020
Sale Includes Building Land
Stories Count 1
Property Subtype LightIndustrial
Tax Year 2024
Current Use DistributionCenter Warehouse
Parcel Number 0344248
Gross Income 109690.0
County Linn
Operating Expense 13427.0
Property Type CommercialSale
HOA N
Status Active
Directions Beaton Ln
City Lebanon
MLS Area _221
Lot Size Square Feet 30492.0
Listing Terms Cash Conventional
Tax Annual Amount 9807.66
Property Condition Existing
Lease Type YearsRemaining1to5
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 12S02W11BA
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Exterior
Parking Features OnSite Paved
Water Source PublicWater
Total Parking 12.0
Number of Buildings 1
Building Area Total 12000.0
Lot Size Acres 0.7
Road Surface Type Gravel Paved
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Internal Only
Street Number 1 33000
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* Excluded Features
List By
Good Moves Oregon Llc

Broker

greg@goodmovesoregon.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2025$1,500,000 Listed Price

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33000 TENNESSEE RD, Lebanon, OR, 97355 is a Property for Rent at $1,500,000 with 12,000 sqft and a lot size of 0.7. 33000 TENNESSEE RD was built in 2020. The property's zip code is 97355 which is in Lebanon, OR