New Flex Space with Warehouse
For Sale
Contact for pricing
20723 Brinson Boulevard 110, Bend, OR 97701
Brand-new multi-tenant building combines industrial and administrative areas.
Property Size7,759 SF
Days on Market91
Property Features for 20723 Brinson Boulevard 110
General Information
Standard status
Active
Size
7,759 SF
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Key Properties
(541) 728-0033
Listed By:
Angie Daun Mombert · License #200409088
(541) 408-3543
Source:
Evimerorealty
Added: Jul 18
Changed: Oct 2
Last Checked: Oct 16 at 8:55AM
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 RE/MAX Key Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,759-SF flex space occupies part of a newly built, multi-tenant property in South Brinson Business Park. The suite combines warehouse and office components, providing a functional mix for light industrial operations and related administrative work.
The property is located at 20723 Brinson Boulevard, Suite 110, in Bend, Oregon. The listing agent is related to the landlord.
The property is located at 20723 Brinson Boulevard, Suite 110, in Bend, Oregon. The listing agent is related to the landlord.
Key Highlights
- 7,759 SF flex space
- Brand‑new multi‑tenant building
- Warehouse and office areas within one suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,653
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,060
$1.4M
Cap Rate 7%
$1,023,614
$1.0M
Cap Rate 9%
$796,144
$796.1K
Market Conditions
NOI Build-Up for 7,759 SF
Gross rent
$105.2K $13.56/SF
− Vacancy
−$2.9K −$0.37/SF
EGI
$102.4K $13.19/SF
− OpEx
−$30.7K −$3.96/SF
NOI
$71.7K $9.23/SF
Area
Bend, OR
Vacancy
2.71%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,060
Cap Rate 7%
$1,023,614
Cap Rate 9%
$796,144
Alternative Uses
Best Use
Office B
$1.59M
$1.39M – $1.86M
NOI $111,424 @ 7.0% cap · market cap 11,142,400.00%
Second Best
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,668 @ 7.0% cap · market cap 10,566,800.00%
Theoretical Best
Specialty Retail
$3.35M
$2.93M – $3.91M
NOI $234,632 @ 7.0% cap · market cap 23,463,200.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97701, OR
42,159
Population
19,020
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
94%
High-School Grad
311.8 sq mi
ZIP Area
135
Density / Sq Mi
$77,969
Median Household Income
$47,431
Median Earnings
$1,700
Median Rent
$567,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Bethlyn's Global Fusion — 2121 NE Monterey Ave, Bend, OR 97701
- Wild Poppy Catering — 1953 NE Yellowstone Ln, Bend, OR 97701
- Wizard’s Harvest Catering — 1953 NE Yellowstone Ln, Bend, OR 97701
Frequently Asked Questions
What type of property is this?
Flex space - Brand-new multi-tenant building combines industrial and administrative areas.
Where is this flex space located?
The property is located at 20723 Brinson Boulevard 110 Bend, OR.
What are key features of this property?
This property features: 7,759 SF flex space; Brand‑new multi‑tenant building; Warehouse and office areas within one suite
