3099 N Pacific Hwy

The property is along Highway 99 in Woodburn’s prime industrial district. The 20.4-acre property, zoned IP (Industrial Park), offers excellent access to I-5 and connects easily to the Portland and Salem markets, just 15 minutes from Salem and 30 minutes from Portland. It’s near a mix of retail, office, and residential areas in a fast-growing community.The property offers an industrial building with a paved yard and excess land available for sale. The steel frame building is in excellent condition. It was built in 1996 and is currently occupied by two tenants. The building includes approximately 18,050 SF of office space, for which the tenants are currently not being surcharged. The excess land can support a ~60k SF building or an expansion of the paved yard. For Investors: The building poses a compelling value-add opportunity through future leasing and captures the value of the excess land. With a basis below the replacement cost and under market rents, there is a path to enhancing the return over time. For Developers: With in-place income and 2-year WALT, the site is a 20.4-acre blank canvas that can be developed or expanded onto the excess land while maintaining the current structure. For Users: The southern space, 70k SF, will be ready to occupy in January 2026, creating an opportunity to use the building in the near term while maintaining the benefits of the supplemental income from the existing tenant and the extra land.Functional building with paved yard available for lease.