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34225563
34225564

2500 NE Twin Knolls Dr, Bend, OR 97701

WR
OR 20062408
NAI Cascade Commercial Real Estate Services, Worldwide
Listed by NAI Cascade Commercial Real Estate Services, Worldwide
$6,425,000
5 days on market
Updated 5 days ago

2500 NE Twin Knolls Dr

Details
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 25,200
Units 10
Cap Rate 6.26%
NOI $401,950
Occupancy 95%
Tenancy Multi
Lease Type NNN
Price per SqFt $255
Year Built 2007
Year Renovated 2023
Buildings 1
Stories 2
Acreage 0.820
Zoning Mixed Employment
Parking Spaces 61 spaces
Parking per 1,000 SqFt 2.42
Investment Type Stabilized

Fully-Leased NE Bend Office Investment Opportunity

Marketing description

Located in NE Bend just off Hwy 20/Greenwood Ave, this fully-leased office investment property offers stable cash flow in a highly accessible corridor.

The building has been meticulously maintained and professionally managed, with a strong mix of public and private sector tenants including Bend-La Pine Schools, High Desert ESD, Allstate Insurance, Woods Ortho, and more. All tenants operate on NNN leases, and current below-market rents provide clear upside for future ownership. Priced well below replacement cost.

A diverse range of suite sizes allows for efficient backfill and long-term flexibility. Positioned near Pilot Butte and just minutes from Bend's medical district and the busy east side commercial hub, this property benefits from consistent demand and excellent visibility. Listing Principal Broker is a member of the ownership entity.

Investment highlights

  • Major east side commercial hub with national and regional retailers
  • Immediate access to Hwy 20 for strong visibility and easy connectivity
  • Proximity to St. Charles Medical Center and the broader medical district
  • High daytime population driven by schools, offices, and healthcare
  • Close to Pilot Butte State Park and surrounding residential neighborhoods
  • Growing corridor with continued redevelopment and new commercial services
  • Strong traffic counts at one of Bend's busiest intersections
  • Convenient access to dining, groceries, fitness, and daily-needs amenities

Listing Contacts

WR
OR 20062408
NAI Cascade Commercial Real Estate Services, Worldwide
Listed by NAI Cascade Commercial Real Estate Services, Worldwide

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$401,950.00
$33,495.83/mo

Valuation Metrics

0
DSCR
6.26%
Cap Rate
6.26%
ROI

Map

Zoning

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ME MixedMixed UseMixed Employment
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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