Investment Overview

Marcus & Millichap is pleased to present the unique opportunity to acquire 830 Wilson Street, Eugene, Oregon. The property consists of 80,600 rentable square feet of industrial manufacturing space, situated on 3.56 acres and zoned I-3 (Heavy Industrial). The class B warehouse was constructed in three phases from (1973-1993) and features four loading docks, four drive-ins, 24’ clear height, heavy power (3000 AMP), and fenced yard. The property has been home to a single tenant, Western Shelter Systems, for the past 10 years. Western Shelter Systems manufactures high quality shelters and support systems for military, emergency response, industrial, and entertainment applications. In January of 2023, the tenant executed a 12-month extension to their original NNN lease that began January 1st, 2013. Western Shelter has one additional extension through Dec 2024. The property represents a core plus opportunity with value add through the implementation of market rents. The property is well positioned to accommodate either an opportunistic investor or an owner operator who would collect cash flows through the remainder of the lease, then occupy the space for their own operations.