This unique opportunity allows an owner-user to acquire up to 20% ownership in the building while leasing back up to 8,644 SF of premium office space. Take advantage of tax benefits such as interest deductions, a completed cost segregation study, and potential bonus depreciation to help offset build-out and relocation costs. In today’s low-inventory market—where high construction costs make new development challenging—this is a rare chance to occupy Class A office space while benefiting from immediate cash flow of the building. Additionally, the owners have secured a below-market interest rate. Buyer to come in with approximately 30% down. The rate for the leaseback will be $1.60/sf/month NNN assuming no TI contributions from the current owners.
The move-in-ready suite offers Cascade mountain views and easy access to the Old Mill District’s restaurants, shops, and the Deschutes River Trail. The space features six private offices, a large conference room, a spacious kitchen and break area, a dedicated fitness room with a private restroom and shower, and access to shared restrooms and an elevator. Potential to demise the suite or add additional square feet as needed.