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Net Lease

18 Year Absolute Net Leased Industrial & IOS Building

93499 US HWY 99, Junction City, OR 97448

Listing Price: $5,750,000

Cap Rate
6.30%
Lot Size
13.50 acres
Year Built
1957
Rentable SF
64,112

Investment Overview

Marcus & Millichap is pleased to present the Doman Industrial and IOS portfolio in Junction City, OR, part of the Eugene/Lane County submarket. The offering is home to a 10-building portfolio, with 13.5 AC of land, currently being leased to Doman Building Materials on a 25-year, Absolute Net lease, with 18 years remaining. In 2018, Doman purchased Oregon Cascade Building Materials, who had been operating out of this location for 20 years, as a strategic piece of its West Coast expansion. Since the purchase, Doman has added 4 more locations in the Pacific Northwest, showing its commitment to the area.

Investment Highlights

  • Single Tenant Industrial/IOS Portfolio located in Junction City, OR. 18 Years Remaining on 25 Year, NNN Lease, with 2, 5-Year Options to Extend Lease
  • Doman Lumber Purchased Oregon Cascade Building Materials in 2018. Doman Lumber – $2.45B in Revenue in 2023 (Canadian)
  • Half of Buildings were built in 2016 or newer with 27+ Ft. Clear Heights. 13.50 AC of Land, with Frontage on US Highway 99. Located in Eugene, OR Submarket

Exclusively Listed By

  • Ben Tashakorian

    Executive Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884, NV: S.0198624

    San Diego

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s) OR: 201224889

    Oregon

Net Lease

18 Year Absolute Net Leased Industrial & IOS Building

Listing Price: $5,750,000

Cap Rate
6.30%
Lot Size
13.50 acres
Year Built
1957
Rentable SF
64,112

Investment Highlights

  • Single Tenant Industrial/IOS Portfolio located in Junction City, OR. 18 Years Remaining on 25 Year, NNN Lease, with 2, 5-Year Options to Extend Lease
  • Doman Lumber Purchased Oregon Cascade Building Materials in 2018. Doman Lumber – $2.45B in Revenue in 2023 (Canadian)
  • Half of Buildings were built in 2016 or newer with 27+ Ft. Clear Heights. 13.50 AC of Land, with Frontage on US Highway 99. Located in Eugene, OR Submarket

Investment Overview

Marcus & Millichap is pleased to present the Doman Industrial and IOS portfolio in Junction City, OR, part of the Eugene/Lane County submarket. The offering is home to a 10-building portfolio, with 13.5 AC of land, currently being leased to Doman Building Materials on a 25-year, Absolute Net lease, with 18 years remaining. In 2018, Doman purchased Oregon Cascade Building Materials, who had been operating out of this location for 20 years, as a strategic piece of its West Coast expansion. Since the purchase, Doman has added 4 more locations in the Pacific Northwest, showing its commitment to the area.

Exclusively Listed By

  • Ben Tashakorian

    Executive Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884, NV: S.0198624

    San Diego

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s): OR: 201224889

    Oregon

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