Industrial Sale-Leaseback
- ID: 915
- Status: off market
- Price: $3,250,000
- Acres: 7.00± acres
- Price Per Acre: $464,286
- Types: Commercial
- State: Oregon
- City: North Bend
- County: Coos
- ZIP Code: 97459
- Lat/Long: 43.40650100, -124.22428000
- Presented By: Rob LaGrone
- Phone: (541) 219-0516
Description
SALE-LEASEBACK OFFERING! Income-producing investment. Stable, established seafood business is seeking a sale-leaseback of its land and buildings. Clausen Oysters has been producing high-quality oysters in the cold, clean waters of Coos Bay, on the south coast of Oregon, since 1981. The property is an easy one-mile drive from Highway 101 near North Bend and includes the following:
- 6.75 acres of land on Haynes Inlet
- 10,805 sq ft processing building with restaurant/deli and office
- 1,800 sq ft shop building
- Dock facility
15 year NNN lease between land investor and seafood business is available. (Current term is 5 years, but lease can be extended.) Cap rate at list price is 7.0. Facilities are well-maintained and in good condition. Main building constructed in 1995. Seller may consider selling partial ownership of the property to a solid investor for a lesser amount; bring your proposal.
Part of the land consists of wetlands and tidal flats, which may have additional conservation value. Buyer to perform own due diligence on conservation opportunities.
Additional Information
- Wildlife: Other
- Recreation: Bird Watching,Fishing
- Water Access: River
- Rights: Other
- Improvements: Boat/Fishing Dock,Well,Workshop