TENANT & LEASE TERMS

Tenant: USNR, LLC

www.usnr.com

International - Multiple Locations - 100+ Year History

A GLOBAL LEADER IN THE FOREST PRODUCTS EQUIPMENT INDUSTRY  "USNR is the world’s largest, most comprehensive supplier of equipment and technologies for the wood processing industry. Our systems produce dimensional lumber, plywood and panels, finger-jointed components and engineered wood products. We supply systems, service and support for plants around the globe including the United States, Canada, Sweden, Finland, Norway, Germany, the United Kingdom, Chile, Japan, Australia, New Zealand, Russia and many other countries."

Lease Type: Triple Net

Lease Term: Aug 2018 - July 2028 (Ten Years)

Occupied Space: 60,267sf (100%)

Year 1 Base Rent: $6.10/sf 

Annual Escalations: 2.0%

Option to Renew: Two Five Year Options @ Market Rates

Termination Option: One at Year 7, with Penalty

Year 1 NOI/Cash Flow: $367,629

Year 5 NOI/Cash Flow: $397,933

Year 10 NOI/Cash Flow: $439,350


PROPERTY SUMMARY

 

LOCATION

1050 Owen Loop South, Eugene,OR 97402
Greenhill Technology Park (GTP)

square footage

60,267 Square Feet (total)
Warehouse: 42,442 sf (70.4%)
Office: 17,825 sf (29.6%)

 

YEAR BUILT

2001

 

LOT SIZE

3.2 Acres
(139,579 sf)

 

FLOOR TO AREA RATIO

0.43

 

PARKING

138 spaces (2.3 spaces per 1,000sf),
additional street parking available

 

LANE COUNTY TAX LOT

17-04-32-14-00102


POWER

225kva/2777-480v 3p Heavy
(EWEB onsite transformer is 500kva)

 

WATER

3" Domestic Line, City of Eugene

 

GAS

None


2017 PROPERTY TAX

$51,538.37 ($0.86/sf/yr)

 

ANNUAL INSURANCE

$8,100 ($0.13/sf/yr)

 

GTP ANNUAL FEES

$2,400 ($0.04/sf/yr)

 

COmmon Areas

$2,600 ($0.04/sf/yr)

 

TOTAL OPERATING COST

$64,638 ($1.07/sf/yr)


ZONING

E-1 (Campus Employment)
CAS Overlay (Commercial Airport Safety)
WB overlay (Wetlands Buffer)         
West Eugene Enterprise Zone
E-Commerce Zone


CEILING HEIGHT

24'

 

Loading DOCKS

Three (3): 
9'w x 10'h, 4' dock height

 

DRIVE INS

12'w x 14'h

 

SPRINKLERS

Yes

 

Warehouse COLUMNS

50'x50'

 

HEating & Ventilation

Office: heated and cooled
Warehouse: heated with some AC

 

WAREHOUSE FLOORING

6" reinforced concrete slab with urethane finish


PUBLIC TRANSPORTATION

LTD Bus system, Buses 93 & 96

 

TELECOM

Comcast (phone, internet, tv, & surveillance),
250Mbps download