Warehouse

Walnut Industrial Park

Listing Price: $23,000,000

Cap Rate
7.96%
Gross SF
153,489
Price/Gross SF
$149.85
Lot Size
6.20 acres
Year Built
1965
Rentable SF
158,746

Investment Overview

The subject property, Walnut Industrial Park, is the premier multi-tenant cannabis cultivation and production facility in the United States. It is located at 630 SW Walnut Street in Hillsboro, Oregon on a 6.25 acre site consisting of a production facility and office building. The main building is approximately 156,000 square foot with an onsite certified cannabis testing lab, BHO and CO2 extraction labs, grow operations, and other cannabis related production. Walnut Industrial Park provides energy-efficient solutions and amenities designed to help tenants businesses thrive. All suites share access to a centralized, water-cooled HVAC system, centralized CO2 systems that can be fully controlled by each tenant, and state of the art electrical submetering with detailed reporting. There is 9,000 amps of 480-volt, three-phase power, and multiple fire control areas to maximize the amount of ethanol allowed in the building. There are 154 onsite parking spots. The property is a state of the art energy efficient facility that has several attractive features for the tenants including: 3,000 ft of 6 inch waste water lines throughout the building, new water service with double check backflow valves, Centralized CO2 delivery system, Condenser water tower and installed piping system, CO2, temperature, humidity monitoring system, security system throughout facility, hallway freeze protection, air exchange system, and hallway utility corridor support system. Additionally, tenants have biometric security interface, new ADA compliant bathrooms, and new electrical infrastructure throughout building. There are 5- 14 by 14 roll up doors installed recently, with nine doors total on site. The ceiling height ranges from 12 up to 18.

Investment Highlights

  • Premier State of the Art Energy Efficient Multitenant Cannabis Facility
  • Well Located Center Along Near Highway 26, Highway 217, and Interstate-5
  • Near Amenities Including Costco, Target, The Home Depot, and More
  • Currently, 77.00% Occupied with Substantial Upside with Lease-up

Exclusively Listed By

Listing Price: $23,000,000

Cap Rate
7.96%
Gross SF
153,489
Price/Gross SF
$149.85
Lot Size
6.20 acres
Year Built
1965
Rentable SF
158,746

Investment Highlights

  • Premier State of the Art Energy Efficient Multitenant Cannabis Facility
  • Well Located Center Along Near Highway 26, Highway 217, and Interstate-5
  • Near Amenities Including Costco, Target, The Home Depot, and More
  • Currently, 77.00% Occupied with Substantial Upside with Lease-up

Investment Overview

The subject property, Walnut Industrial Park, is the premier multi-tenant cannabis cultivation and production facility in the United States. It is located at 630 SW Walnut Street in Hillsboro, Oregon on a 6.25 acre site consisting of a production facility and office building. The main building is approximately 156,000 square foot with an onsite certified cannabis testing lab, BHO and CO2 extraction labs, grow operations, and other cannabis related production. Walnut Industrial Park provides energy-efficient solutions and amenities designed to help tenants businesses thrive. All suites share access to a centralized, water-cooled HVAC system, centralized CO2 systems that can be fully controlled by each tenant, and state of the art electrical submetering with detailed reporting. There is 9,000 amps of 480-volt, three-phase power, and multiple fire control areas to maximize the amount of ethanol allowed in the building. There are 154 onsite parking spots. The property is a state of the art energy efficient facility that has several attractive features for the tenants including: 3,000 ft of 6 inch waste water lines throughout the building, new water service with double check backflow valves, Centralized CO2 delivery system, Condenser water tower and installed piping system, CO2, temperature, humidity monitoring system, security system throughout facility, hallway freeze protection, air exchange system, and hallway utility corridor support system. Additionally, tenants have biometric security interface, new ADA compliant bathrooms, and new electrical infrastructure throughout building. There are 5- 14 by 14 roll up doors installed recently, with nine doors total on site. The ceiling height ranges from 12 up to 18.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower