Prime Central Oregon Retail and Office Investment Property
Prime Central Oregon Retail and Office Investment Property
Marketing description
1824 NE Division Street is a classic building with great visibility and easy access. With multiple complementary tenants and located just off Central Oregon’s busiest highway, this property has proven to be an excellent investment. And, there is upside with the potential for increases in rents. The building has all eleven suites leased. This property has a newer roof, fresh interior paint, and a user-friendly floor plan. After decades of owning investment properties throughout the western U.S., the seller is downsizing his portfolio, which includes selling this ideally-located property.
> Great rental history with easy to lease suites
> Good mix of tenants that provides synergy to the property
> 50,000-100,000 vehicles a day pass immediately near building
> One of the highest traffic corners in Central Oregon
> Ample parking and easy access on/off Division Street
> Located about one mile from downtown Bend and near a
variety of malls, retail, hotels, restaurants, and more
Investment highlights
Easy to lease office and retail suites in a fantastic Bend, Oregon location. With all eleven suites leased but at under market rents, this is both a stabilized and up upside investment property.
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