$3,250,000
6.75± Acres
Available
Coos County, Oregon

Industrial Sale-Leaseback

ID: 49010
External ID/MLS: -- / 23467397
Status: Available
Price: $3,250,000
Acres: 6.75±
Price Per Acre: $481,481
Type: Commercial
Address: 66234 N Bay Rd
City, State: North Bend, Oregon
County: Coos
ZIP Code: 97459
Presented By: Rob LaGrone
Taxes: $7,076
Bathrooms: 2

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

Five-year NNN lease is being executed with parent entity, easy to assign to buyer; can be extended to a ten-year lease. 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. Seller owns additional tidal land on Haynes Inlet, available separately and not included in this listing. Contact listing broker for details.

Additional Information

wildlife

  • other

recreation

  • bird watching
  • fishing

water access

  • river

rights

  • other

improvements

  • boat fishing dock
  • well
  • workshop

Ask Rob About This Property

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