ABSOLUTE NET INDUSTRIAL INVESTMENT NEW CONSTRUCTION | FRESH 5-YEAR LEASE AT CLOSING

Investment Overview

ABSOLUTE NET INVESTMENT - The tenant is the original developer and builder of the facility, representing a rare level of tenant commitment and long-term operational investment in the property. 15205 SW Arrow Street presents an opportunity to acquire a newly constructed, stabilized industrial investment in the highly desirable Sherwood industrial submarket. Completed in 2023 and now fully occupied by the ownership group operating their business from the facility, the property is being offered as an Absolute Net investment, providing investors with predictable passive income and minimal landlord responsibilities. Lease Structure - The current tenant has successfully operated their business from the property since the building’s completion and has demonstrated the ability to support all operating expenses under the Absolute Net structure. Although the existing lease has approximately three years remaining, the tenant (who is also the current ownership group) has agreed to execute a new five-year lease at closing with two additional five-year renewal options, providing the purchaser with a renewed lease horizon and long-term occupancy stability. The building totals 18,141 square feet, consisting of approximately 10,837 SF of modern office and 7,304 SF of warehouse space, situated on 0.92 acres with 40 on-site parking spaces. The facility features high-end steel construction, modern architectural design, and a highly functional industrial layout. With strong in-place income of approximately $384,954 annually, the offering represents a ~5.50% capitalization rate on a brand-new building with significant remaining lease term and contractual rent increases. This investment provides a rare opportunity to acquire new-generation industrial product with stabilized occupancy, passive income, and minimal management requirements in one of the Portland metro area’s strongest industrial markets.

Investment Highlights

• • Absolute Net (NNN) Lease Structure – tenant responsible for operating expenses
• • Stabilized Income – approximately $384,954 annual NOI
• • New 5-Year Lease Executed at Closing - The tenant has agreed to execute a new five-year lease at closing with two additional five-year options to renew, providing the buyer with a fresh lease term and long-term income potential.
• • 5.50% Pro-Forma Cap Rate on new construction
• • Newly Completed Industrial Facility with modern design and construction
• • 18,141 SF Total Building Area
• • 10,837 SF Office | 7,304 SF Warehouse
• • 0.92 Acre Site with 40 Parking Spaces
• • High-Quality Steel Construction with premium standing seam roof
• • 35'11" Clear Height with four roll-up doors
• • 100kW Solar Array reducing operating costs
• • 3-Phase 600A 480/277 Power
• • Located in the Sherwood industrial corridor, one of Portland’s fastest growing employment areas