Net-Leased Retail in
1565 NE Third St, Prineville, OR 97754
Two-tenant retail building in established shopping center.
Type:Retail
Property size:
4,800 SFPrice / SF:
$240/SF- Added:
- Nov 21, 2025
- Days on Market:
- 181
- Last Refresh:
- Dec 3 at 5:42 am
Property Features for 1565 NE Third St
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agent Jenn Limoges, CCIM License #OR #201207479 (541) 639-2566
Listing office NAI Cascade (541) 639-2566
Listing date Nov 21, 2025
Source Naiglobal
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All listing content including descriptions, pricing, images are the copyrighted material of NAI Cascade
HighLights
- Net‑leased retail property with established tenants providing immediate income.
- Located in Prineville's longest‑standing shopping center with anchor tenants.
- Options to renew leases through 2029, offering long‑term stability.
- High traffic location with nearly 10,000 cars daily.
- Flexible zoning allows for a wide variety of future tenants.
- Professionally managed and well‑maintained property.
Overview
This net-leased retail property is occupied by Verizon and US Cellular Authorized Retailers. The property is located at 1565 NE Third St in Prineville, within Ochoco Plaza, situated on the northwest corner of NE Third St (Hwy 126) and SE Combs Flat Rd. The location benefits from traffic counts of nearly 10,000 cars daily. The property is part of Prineville’s longest-standing shopping center, which includes anchor tenants such as Ray’s Food Place, Ace Hardware, Rite Aid, Arby’s, and the DMV. The property is professionally managed and well-maintained, with only two previous owners. Options to renew are available through 2029. The flexible zoning allows for a wide variety of future tenants in this rapidly growing market. The two-tenant retail building is located along the main thoroughfare in Prineville, within a neighborhood center anchored by Rite Aid, Ray’s Food Place, and Ace Hardware. There are 12 on-site parking spaces, and all other common area parking is open and unreserved. The property size is 4,800 square feet. Prineville is recognized as one of the top ten most economically diverse small towns in the nation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
UScellular
Mobile Phone Store
Verizon
Mobile Phone Store
Verizon Business Services
Telecommunications Service
Location Insight
- Map
- Local Demand
- City
- Prineville
- County
- Crook
- State
- Oregon
- Longitude
- -120.8273316
- Latitude
- 44.3032237
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Two-tenant retail building in established shopping center.
Where is this retail space located?
The property is located at 1565 NE Third St Prineville, OR.
What is the asking price?
The asking price for this property is $1,155,000.
What are key features of this property?
This property features: Net‑leased retail property with established tenants providing immediate income.; Located in Prineville's longest‑standing shopping center with anchor tenants.; Options to renew leases through 2029, offering long‑term stability.
