Flex and Light Industrial
1177 Southeast 9th Street Bend, OR 97702
For Sale
Contact for pricing
Flex and industrial building with heavy electrical capacity and existing brewery/food production approved use.
Property Size10,500 SF
Price / SF$280.95
Days on Market53
Property Features for 1177 Southeast 9th Street
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 2005
Listing Agency:
Fratzke Commercial Real Estate
(541) 323-6458
Listed By:
Brian Fratzke · License #OR 200402169
Source:
Crexi
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 25 at 3:54AM
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 Fratzke Commercial Real Estate
Investment Insights
Based on property information with market context.
This owner-user flex and light industrial building is suited for industrial, warehouse, manufacturing, or flex operations. The property supports a flexible single- or multi-tenant configuration and includes LED lighting and modern telecommunications infrastructure. A key improvement is 800-amp 3-phase power, designed to accommodate a range of industrial equipment needs.
Convenient access to Highway 97 supports day-to-day logistics and customer access. The property is positioned to support business activity requiring straightforward regional connectivity.
The building also includes an existing brewery/food production approved use, along with infrastructure for water and sewer. For tenants, buyers, or operators looking for a facility that can support light production and warehousing in a configurable layout, the combination of available power, communications infrastructure, and approved food production framework provides a practical foundation to operate from day one.
Convenient access to Highway 97 supports day-to-day logistics and customer access. The property is positioned to support business activity requiring straightforward regional connectivity.
The building also includes an existing brewery/food production approved use, along with infrastructure for water and sewer. For tenants, buyers, or operators looking for a facility that can support light production and warehousing in a configurable layout, the combination of available power, communications infrastructure, and approved food production framework provides a practical foundation to operate from day one.
Key Highlights
- Flex/industrial building built in 2005 at 1177 SE 9th Street, Bend, OR
- 800‑amp 3‑phase power for industrial, warehouse, manufacturing, or flex use
- Flexible single or multi‑tenant configuration
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $226.8k | $21.60 |
| − Vacancy | −$6.8k | −$0.65 |
| EGI | $220.0k | $20.95 |
| − OpEx | −$77.0k | −$7.33 |
| NOI | $143.0k | $13.62 |
10,500 SF · lease $21.60/SF/yr · vacancy 3.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.04M
$1.79M – $2.38M
NOI $142,997 @ 7.0% cap · market cap 4.85%
Second Best
Warehouse
$1.68M
$1.47M – $1.96M
NOI $117,743 @ 7.0% cap · market cap 3.99%
Theoretical Best
Specialty Retail
$4.54M
$3.97M – $5.29M
NOI $317,520 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Spider City Brewing ...
Production Facility
Korean Food by ...
Take-out & Catering
Similar Off Market Nearby
- Korean Food by All Elements — 1177 SE 9th St, Bend, OR 97702
FAQs
What type of property is this?
Flex space - Flex and industrial building with heavy electrical capacity and existing brewery/food production approved use.
Where is this flex space located?
The property is located at 1177 Southeast 9th Street Bend, OR.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Flex/industrial building built in 2005 at 1177 SE 9th Street, Bend, OR; 800‑amp 3‑phase power for industrial, warehouse, manufacturing, or flex use; Flexible single or multi‑tenant configuration
