
Larkspur Industrial Park
600 Elm St, Forest Grove, OR, 97116
61,167 m²
JLL Industrial Capital Markets is pleased to present the opportunity to acquire the fee-simple interest in Teeny Foods or the “Property”, comprised of a 100% absolute NNN leased, single-tenant industrial building located in Portland’s NE Columbia Corridor.
Teeny Foods is 100% absolute NNN leased to Teeny Foods (Quality Harvest Foods), a leading contract manufacturer of baked and frozen foods. The tenant has 15 years of remaining lease term and 3% contractual rent bumps. The Property is Teeny Foods’ sole location, a purpose-built, state-of-the-art production facility totaling 151,094 SF. The Property features 30’ clear heights, 5,000 amps of power, LED lighting, and 26K SF of freezer space. Situated in the NE Columbia Corridor, the Property benefits from a convenient location halfway between Portland International Airport and Troutdale Airport as well as proximity to NE Sandy Blvd, providing seamless connectivity within 5 miles to both I-84 and I-205 corridors.
Teeny Foods presents an exceptional, core opportunity to acquire a long-term leased, absolute NNN property with PE-backed tenancy. The purpose-built facility is mission critical, serving as the key component of regional and local business operations. The Property’s location within the NE Columbia Corridor is highly infill and presents premium access to labor pools, high-profile corporate neighbors, and regional transportation networks that serve the Pacific Northwest region and the greater West Coast.
