10466 Sunnyside Rd SE, Jefferson, OR

Located along Interstate 5 south of Salem, 10466 Sunnyside Rd SE offers business owners and investors the opportunity to acquire a multi-tenant industrial property with existing rental income and a vacant suite available for potential owner occupancy or lease-up. At the $2,500,000 asking price, the offering presents an 8.00% pro forma cap rate based on projected annual net operating income of $199,979.90.

For an owner-operator, the former Wood R&D suite provides approximately 8,547 square feet of space to consider for business operations, subject to verification of the space and suitability for the intended use. Income from the property’s two existing tenants can help offset ownership costs while a buyer establishes or expands its business. Alternatively, an investor may pursue the opportunity to lease the vacant suite and increase the property’s income.

The property currently generates $12,629.14 per month in rent from Sharpcor Inc. and Rewine. The flyer’s pro forma assumes the vacant Wood R&D space is leased for $7,293.28 per month and Rewine’s rent increases to $2,850.12 per month, bringing projected total rent to $20,133.54 per month, or $241,602.48 annually. These assumptions support the advertised 8.00% pro forma cap rate; actual results will depend on leasing, expenses, and other factors.

The property’s 2026 projected figures show $207,064.44 in gross rental income and $168,328.84 in net operating income, representing a 6.73% projected cap rate at the asking price. These annual projections differ from the current monthly rent roll and should be reviewed alongside the underlying financial records.

Situated on approximately 1.24 acres, the property is marketed as having 26,416 square feet of industrial improvements, including warehouse, office, and fenced yard space. Industrial zoning and the property’s configuration offer potential for a variety of uses, subject to applicable approvals and buyer verification.

Interstate 5 exposure and an estimated traffic count of 70,000 vehicles per day provide visibility along a major Willamette Valley transportation corridor. The property is approximately 0.9 miles from an I-5 interchange, offering convenient access for businesses serving Salem, Albany, and surrounding communities. It has a Jefferson mailing address and is located south of Salem.

Whether your goal is to establish a business location with rental income from other tenants or acquire an industrial investment with lease-up potential, 10466 Sunnyside Rd SE offers a compelling combination of existing income, vacant space, freeway visibility, and an 8.00% pro forma cap rate.