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Grocery-Anchored Shopping Center
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2766 SW Highland Ave, Redmond, OR 97756

97%-leased, grocery-anchored retail center built in 2006 with major tenants including Starbucks, McDonald’s, and Great Clips.

Property SizeContact for details
Days on Market121

Property Features for 2766 SW Highland Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 97%

Building Details

Year Built 2006
Tenancy Multi
Listing Agency: Pacwest Commercial Real Estate
Listed By: Rene' Nelson, CCIM · License #OR 890500024
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 2:02PM

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 Pacwest Commercial Real Estate

Investment Insights

Based on property information with market context.

Nolan Town Center is a grocery-anchored shopping center that is currently 97% leased. Built in 2006 and reported as well maintained, the property features an anchor tenant mix led by Logan’s Market, alongside national tenants including Starbucks, McDonald’s, and Great Clips.

The center is owner managed and is described as having a diversified local tenant mix with a balanced renewal schedule. Parking lot maintenance includes resealing in 2020, with next lights planned for installation in the parking lot area. The property is located directly across from Redmond High School.

Seller is offering the asset for sale and indicates it will be cashed out at closing, with a 1031 exchange to be completed out of Oregon. The listing also notes that multiple Oregon lenders provide aggressive lending options.

Key Highlights

  • 97% leased, grocery‑anchored retail center in the Bend/Redmond area
  • Built in 2006 and described as well maintained
  • Anchor tenant includes Logan’s Market, with national tenants Starbucks, McDonald’s, and Great Clips

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Gym & Fitness Center Skin Care Clinic Pharmacy Hair Salon Grocery & Convenience Store

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

97%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

143
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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Nolan Town Center 782 SW Rimrock Way, Redmond, OR 97756
  • Toys for all ages 2217 SW Quartz Ave, Redmond, OR 97756

Frequently Asked Questions

What type of property is this?
Shopping center - 97%-leased, grocery-anchored retail center built in 2006 with major tenants including Starbucks, McDonald’s, and Great Clips.
Where is this shopping center located?
The property is located at 2766 SW Highland Ave Redmond, OR.
What are key features of this property?
This property features: 97% leased, grocery‑anchored retail center in the Bend/Redmond area; Built in 2006 and described as well maintained; Anchor tenant includes Logan’s Market, with national tenants Starbucks, McDonald’s, and Great Clips
More about this property
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