296 SW Columbia St - Office FOR SALE


Bend, OR 97702- Southern Crossing
$5,950,000 USD
541-678-2924
296 SW Columbia St, Bend, OR for Sale
$5,950,000 USD
Office - FOR SALE
1/61
null | 5.3% Cap Rate

296 SW Columbia St
Bend, OR 97702
Southern Crossing


HIGHLIGHTS

  • UPDATE: 75% lease with a good mix of office and medical tenants. Allows for owner/user space.
  • Annual lease rate escalation for all tenants is 3%
  • Several leases have options to renew
  • Professionally managed
  • Shops, restaurants and other services close by
  • Check out the attached estimated savings with cost segregation under documents

OVERVIEW

This two-story office building features six suites plus a grand two-story lobby, an elevator, and shared restrooms on each floor, with one suite having its own unisex restroom. The three largest suites have a main interior entry and exit plus an exit to the outside. UPDATE: Owner/user space available. The 17,000 +/- gross square foot building has been well-maintained and professionally managed during the current owner’s possession. Showings coordinated with listing agent for approved buyers only. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$346 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brooks Building - PRICE REDUCED

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

MU

APN/PARCEL ID

184296

ASK ABOUT THIS PROPERTY

Karen KoppelAligned Commercial Real EstateMore Info
541-678-2924

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

Karen KoppelAligned Commercial Real EstateMore Info
541-678-2924

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