1001 SW Emkay Dr - Loft/Creative Space FOR SALE


Bend, OR 97702- Southern Crossing
$7,900,000 USD
541-848-4064
1001 SW Emkay Dr, Bend, OR for Sale
$7,900,000 USD
Loft/Creative Space - FOR SALE
1/22
null | 6.1% Cap Rate

1001 SW Emkay Dr
Bend, OR 97702
Southern Crossing


HIGHLIGHTS

  • Premier Location: On the sought-after west side, near the Deschutes River and Old Mill District
  • Class A Construction: High-quality, single-story office building with professional finishes and strong curb appeal
  • Strong Cash Flow: 80% leased with stabilized income in place and upside potential
  • Stable Tenants: Anchored by national and regional firms across healthcare, engineering, and consulting
  • Abundant Parking: 109 onsite spaces deliver a 4.1/1,000 SF ratio—rare for the west side
  • Flexible Zoning: Mixed Urban (MU) zoning allows for a wide variety of commercial uses and long-term redevelopment potential

OVERVIEW

Premier Class A West Side Office Building 1001 Emkay offers a rare opportunity to acquire a high-quality, Class A, multi-tenant office building in one of Bend’s most desirable west side locations. The 26,632 SF single-story property sits on a 2.15-acre parcel and is currently 80% leased to a mix of national and regional tenants, including Abbott, Dowl Engineering, Kittelson & Associates, and Focus Physical Therapy. With a staggered lease expiration schedule, the building provides stable income and upside potential. A proforma cap rate of 6.10%, strong tenant mix, and quality construction make this a compelling investment in the growing Central Oregon market. Features include 109 on-site parking spaces (4.1/1,000 SF), multiple entry points, ample meeting spaces, and modern finishes. A busy café in the lobby and large outdoor common patio enhance the tenant experience. Zoned Mixed Urban (MU), the site is walkable to west side amenities including the Deschutes River Trail, Old Mill District, and dining and shopping along Century Drive—and offers excellent exposure along a busy corridor. The MU zoning also provides a long-term redevelopment opportunity. Professionally owned and maintained, 1001 Emkay reflects true pride of ownership, making it an ideal addition to any investment portfolio.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1001 Emkay - Premier Class A West Side Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

109

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

MU

APN/PARCEL ID

170565,174696

ASK ABOUT THIS PROPERTY

Graham DentCompass Commercial Real Estate ServicesMore Info
541-848-4064

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Graham DentCompass Commercial Real Estate ServicesMore Info
541-848-4064

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.