JM Eagle Manufacturing Facility

800 David Eccles Road - Baker City Oregon 97814

LTV (Loan to Value)	65.00%	Current NOI	$107,676.00
Interest Rate	4.250%	Capital Rate	11.960%
Fixed Term	10 Years	Land Area	11.50 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$585,000.00	Property Type	Industrial
Payment	$3,169.17	Property Lease	Warehouse
Bulding Size	100,000 SF	Remaining Terms	+/- 9 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the JM Eagle industrial facility located at 800 David Eccles Road in Baker City, Oregon (the “Property”). The Property is situated along a Union Pacific Rail Line just west of both U.S. Route 30 and Interstate 84. Baker City is approximately 130 miles northwest of Boise, Idaho and 300 miles east of Portland. The Property was built in 1960 with renovations completed in 1979. It is zoned I-Industrial and is constructed of wood framing and plywood sheathing. It is 100,000 SF with clear heights of 22-26 feet and sits on 11.50 Acres. The facility features a concrete foundation, is fully sprinklered and there is rail access along the aforementioned Union Pacific Rail Line.

Highlights

9 Years of Base Lease Remaining – Property has approximately nine (9) years of base term remaining through March 31,…

Property Description

Baker City is a city in northeast Oregon and the county seat of Baker County, Oregon. It is situated in a valley along Interstate 84 between the Wallowa Mountains and the Elkhorn Mountains, and serves as the gateway to the Hells Canyon Scenic Byway, the Elkhorn Scenic Byway and the Blue Mountain Scenic Byway. In 2010, Baker City had a population of 9,828 and an average household income of roughly $29,000. Baker City is approximately 130 miles northwest of Boise, Idaho and approximately 300 miles east of Portland. Yet despite its frontier –like location away from urban sprawl, Baker City is a community rich with culture and history and is a destination for both local residents and out-of-town visitors, alike. Nominated to the National Register of Historic Places in 1978, Baker City's Historic District is not only the largest historic district in Eastern Oregon, but it is also the largest commercial historic district in the state of Oregon. Additionally, the city is home to the National Historic Oregon Trail Interpretive Center which offers exhibits, theater performances, workshops and other events and activities related to the Oregon Trail.