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Flex Space with Three-Bay Shop
For Lease
$8,000/Mo NNN

1123 NW 6th Street, Redmond, OR 97756

A 10-year NNN lease includes an option to extend.

Space SizeContact for details
Property Size3,510 SF
Lot Size1.10 Acres
Days on Market63

Property Features for 1123 NW 6th Street

General Information

Standard status Active
Size 3,510 SF
Lot size 1.10 Acres
Zoning COMMERCIAL
Lease Type NNN

Additional Details

Available Land 1.10 Acres
Lease Term 120 months
Road Access Yes
Office Build-Out 1,110 SF

Taxes and HOA fees

Annual Taxes $9,593

Amenities

Smart Lock(s)

Building Details

Building Size 3,510 SF
Year Built 1940
Buildings 2
Stories 1
Units 2
Listing Agency: Real Broker
Listed By: Aaron Clement
Source: Desertskyrealestate
Added: Aug 23 Changed: Oct 23 Last Checked: Oct 23 at 4:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker

Rey
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Investment Insights

Based on property information with market context.

This flex property in north Redmond includes a 1,110-square-foot office with a restroom and a 2,400-square-foot shop equipped with three bay doors. The buildings total 3,510 square feet, and the property was built in 1940.

The 1.1-acre site has frontage on NW 6th Street and is zoned COMMERCIAL. Lease terms are NNN for 10 years, with an option to extend.

Key Highlights

  • 1.1‑acre site with frontage on NW 6th Street in north Redmond
  • 2,400‑square‑foot shop with 3 bay doors
  • 1,110‑square‑foot office with a restroom

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Pharmacy Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

976
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97756, OR

42,168
Population
18,335
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
92%
High-School Grad
126.3 sq mi
ZIP Area
334
Density / Sq Mi
$84,067
Median Household Income
$41,909
Median Earnings
$1,473
Median Rent
$469,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A 10-year NNN lease includes an option to extend.
Where is this flex space located?
The property is located at 1123 NW 6th Street Redmond, OR.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: 1.1‑acre site with frontage on NW 6th Street in north Redmond; 2,400‑square‑foot shop with 3 bay doors; 1,110‑square‑foot office with a restroom
More about this property
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