Bend Industrial Building For
20680 Carmen Loop, Bend, OR 97702
Call to check price and availability
11,490 SF industrial building with office space in Bend.
Type:Industrial
Property size:
11,490 SFLot size:
0.50 AcresPrice / SF:
$275/SF- Added:
- May 22, 2026
- Days on Market:
- 9
- Last Refresh:
- May 27 at 8:19 am
Property Features for 20680 Carmen Loop
General Information
- Standard status
- Active
- Size
- 11,490 SF
- Lot size
- 0.50 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing agent Jay Lyons License #OR 5414106519
Listing office Compass Commercial Real Estate Services (541) 410-6519
Listing date May 22, 2026
Source Crexi
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 Compass Commercial Real Estate Services
HighLights
- 11,490 SF standalone industrial building with flexible layout and two open warehouse areas.
- Leased through June 30, 2026, providing near‑term income with future owner‑user potential.
- Well‑appointed ±3,509 SF two‑story office component with modern finishes, conference space, and kitchenette.
- Multiple grade‑level roll‑up doors for easy access and operations.
- Potential for demising into multiple suites for flexible occupancy and income generation.
- Convenient access to SE Reed Market Road, U.S. 97, and the Bend Airport.
Overview
This offering features an 11,490 square foot standalone industrial building on 0.50 acres in Bend's American Loop Industrial Park. The property has a flexible layout that includes two open warehouse areas and multiple grade-level roll-up doors. It also features an approximately 3,509 square foot two-story office component with modern finishes, conference space, and a kitchenette. The configuration allows for potential division into multiple suites, which would allow an owner-user to occupy a portion while leasing additional space for income. The building is leased through June 30, 2026, providing near-term income with future owner-user or repositioning potential. With convenient access to SE Reed Market Road, the property offers connectivity to U.S. 97, the Bend Airport, and surrounding eastside industrial districts. The combination of warehouse and office space supports a range of industrial and service users, with on-site parking to accommodate employees and operations. The adjacent property at 20676 Carmen Loop (14,200 SF) on 0.82 acre is also available for sale, offering a potential opportunity to expand into a multi-building industrial campus.
Local Financial Insights For Office B
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 | $234.4k | $20.40 |
| − Vacancy | −$14.4k | −$1.25 |
| EGI | $220.0k | $19.15 |
| − OpEx | −$55.0k | −$4.79 |
| NOI | $165.0k | $14.36 |
11,490 SF · lease $20.40/SF/yr · vacancy 6.14% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.36M
$2.06M – $2.75M
NOI $165,003 @ 7.0% cap · market cap 5.22%
Second Best
Flex RnD
$2.24M
$1.96M – $2.61M
NOI $156,480 @ 7.0% cap · market cap 4.95%
Theoretical Best
Specialty Retail
$4.96M
$4.34M – $5.79M
NOI $347,458 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Lee Ramsey Plumbing
Plumbing Service
Cv International
Corporate Office
Similar Places Nearby
- Korean Food by All Elements — 1177 SE 9th St, Bend, OR 97702
Location Insight
- Map
- Local Demand
- City
- Bend
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.2894262
- Latitude
- 44.0327091
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 11,490 SF industrial building with office space in Bend.
Where is this flex space located?
The property is located at 20680 Carmen Loop Bend, OR.
What is the asking price?
The asking price for this property is $3,159,750.
What are key features of this property?
This property features: 11,490 SF standalone industrial building with flexible layout and two open warehouse areas.; Leased through June 30, 2026, providing near‑term income with future owner‑user potential.; Well‑appointed ±3,509 SF two‑story office component with modern finishes, conference space, and kitchenette.
