FOR SALE 31989 FEEDVILLE RD, STANFIELD, OR
The Property Are you looking to relocate in a fast growing PaciďŹ c Northwest regional area with major growth potential?
If the answer is yes, here is your chance. This property is currently leased until May 31, 2024 to a nationally known company, and if you are an investor, you do NOT want to miss this opportunity.
The possibilities are endless.
Year Built: 2007 Office Space: 9830 SF Warehouse/Shop: 8000 SF
10.45
ACRES
8%
CAP RATE
$3,300,000 PRICE
The Location The property is located near Hermiston, Oregon, the largest city in Eastern Oregon. Hermiston is at a crossroads between various cities, and is notably in close proximity to:
In the middle of everywhere.
Portland: Seattle: Spokane: Tri-Cities, WA:
186 mi 252 mi 177 mi 49 mi
Boise: 247 mi Interstate 82: 10 mi Interstate 84: 10 mi
Includes 3.2 acre tax lot with access to Highway 395
The Investment The lease agreement is between Fisher Creek Properties LLC (Property Owner) and Swaggart Brothers Inc. (Tenant) Wood Group PSN. The complete lease is available upon request to serious buyers. The general terms of the lease follow:
The opportunity of a lifetime.
The term of the commencing on June 31, 2024. The rent pa per month or $276,0 the ďŹ rst day of each m responsible for all exp operating expenses. comprehensive gener maintain and repair t premises, including th and exterior walls. Based on the ab Rate is 8.3% with a p The Tenant
The following in understanding of the relationship to Wood Tenant informat wholly owned subsid Press Release: (9http press/press-releases/ US construction capa Swaggart Brothers (h press/press-releases/ us-construction-capa of-swaggart-brother wholly owned subsid Group acquired Swag based provider of civ to the US oil and gas sectors for an initial c with a further payme performance. Notes to Editors international energy s around $7 billion in s people worldwide an
lease is for 10 years e 1, 2014 and ending on May ayments are $23,000.00 000.00 per year, due on month. The Tenant is penses to include taxes and The Landlord shall maintain ral liability insurance and the structural portions of the he roof, foundation, floors
bove, the approximate Cap purchase price of $3,300,000.
nformation provides a better e tenant and its current d Group. tion: Swaggart Brothers, a diary of Wood Group PSN ps://www.woodgroup.com/ /2014) Wood Group expands abilities with acquisition of https://www.woodgroup.com/ /2014/wood-group-expandsabilities-with-acquisitionrs) Swaggart Brothers is a diary of Wood Group. Wood ggart Brothers, an Oregon vil construction and fabrication s, industrial and agricultural consideration of $36.3 million ent in 2017 based on future
s: Wood Group is an services company with sales, employing about 40,000 nd operating in more than 50
countries. The Group is built on our Core Values and has three businesses—Wood Group PSN, Wood Group Kenny and Wood Group Mustang— providing a range of engineering, production support and maintenance management services to the oil and gas and power generation industries worldwide (http://www.woodgroup. com). Wood Group PSN is a global provider of pre-operations hook up & commissioning, operations & maintenance, engineering, construction project management, training and decommissioning services to the energy industry. Employing over 30,000 people in more than 40 countries, Wood Group PSN offers high integrity, brownfield services that support customers to optimize performance, maintain production, reduce operating costs and provide integrity assurance (www.woodgroup-psn.com). Swaggart Brothers provides civil construction, mechanical/fabrication and site development services to the oil and gas, industrial and agricultural sectors. Headquartered in Hermiston, Oregon with offices in Idaho and New Mexico, Swaggart operates in the US Lower 48 with a special focus on shale basins including the Permain, Eagle Ford, Niobrara, Bakken, Marcellus and Utica (www.swaggartbrothers.com).
WHO ARE WE? At John L. Scott Hermiston, we are devoted to transactional excellence and client satisfaction. Our business is built on relationships, and we’re eager to help you with all of your commercial or residential real estate needs.
OUR DETAILS John L. Scott Hermiston Address: 985 N. 1st St., Hermiston, OR 97838 Phone: (541) 567-8303 Website: www.hermistonoffice.johnlscott.com Listing Agent Info Don Brewer Principal Broker Phone: (541) 215-0590 Email: dbrewer@johnlscott.com For Your Professional Real Estate Needs