Larkspur Industrial Park
600 Elm St, Forest Grove, OR, 97116
61,167 m²
Asset Description
The Property is located 1 mile from the Hanwha Qcells manufacturing site, 12 miles from the Hyundai-SK battery plant, and only 3 miles from I-75 in the heart of the burgeoning Northwest industrial submarket. Further, this marks Vanderlande’s second move-in over the past 5 years into this submarket (973k SF lease at Great Valley Commerce Center – Building I; 7.5 years of WALT) signifying their commitment to the area. This offering represents an opportunity to acquire a fully stabilized, Class A industrial asset with mission-critical tenancy located within one of Atlanta's fastest growing submarkets.
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Attributes
Building area net
26,955 m²
Occupancy
100%
Year built
2023
WALT
5 years
NOI
PLN 7,397,000
Media
Investment Highlights
Institutional Class A design
· State-of-the-art Class A modern logistics facility recently completed in 2024
· 36’ clear height
· Site cast tilt-wall construction
· Front-load configuration with 54’ x 50’ column spacing with 60’ speed bays
- 185’ - 240' concrete truck court
- 47 insulated dock high doors and 2 ramped drive-ins
- 65 trailer spaces
· ESFR fire sprinklers and LED lighting
· 45-mil TPO roof with 15-year warranty
· 24 mechanical levelers (40,000 lb.)
· 6” thick, 4,000 PSI Ductilcrete
· 10 battery charging connections
Contact brokers
Great Valley Commerce Center Bdlg. 4 (0 Properties)
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Last updated
16 May 2025
