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Fully Built-Out Office Building

2698 NE Courtney Dr Bend, OR 97701

2698 NE Courtney Dr, Bend, OR, 97701
Contact for pricing
For Sale
Contact for pricing

Office building offered for sale with full build-out for an immediately usable interior configuration.

Property Size11,178 SF
Price / SF$348.90
Days on Market208

Property Features for 2698 NE Courtney Dr

General Information

Standard status
Active
Size
11,178 SF
Property subtype
OFFICE

Properties For Sale

at 2698 NE Courtney Dr Contact us
Listing agency Compass Commercial
Listed by Graham Dent, SIOR · License #200407143
Source Moodyscre
Added: Dec 26, 2025 Updated: Jul 22 at 11:40AM Checked: Jul 22 at 11:40AM

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


Investment Insights

Based on property information with market context.

This for-sale office building is described as fully built-out, indicating the interior is prepared for office use rather than requiring substantial initial tenant improvements. The property is being offered as a complete office package suitable for buyers seeking an existing, usable space.

The listing is located at 2698 NE Courtney Dr in Bend, Oregon. No additional details are provided regarding suite configuration, common areas, or building systems.

With 11,178 square feet of total area, the property presents a straightforward option for an office buyer interested in a finished interior layout.

Key Highlights

  • Office building for sale with full build‑out for an immediately usable interior configuration

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 $228.0k $20.40
− Vacancy −$14.0k −$1.25
EGI $214.0k $19.15
− OpEx −$53.5k −$4.79
NOI $160.5k $14.36
11,178 SF · lease $20.40/SF/yr · vacancy 6.14% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.29M
$2.01M – $2.68M (±1% cap)
NOI $160,523 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.83M
$4.23M – $5.63M (±1% cap)
NOI $338,023 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Robert Hollander Physician Mackenzie Van Loo Physician Emily Dutton Physician Molly Nelson Physician Ronald Carpenter Physician

Suggested Use

Real Estate Agency Law Firm Restaurant Hair Salon Building Supply Nail Salon Auto Repair Shop Big Box & Wholesale Store Parking Lot & Garage Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Office building offered for sale with full build-out for an immediately usable interior configuration.
Where is this office building located?
The property is located at 2698 NE Courtney Dr Bend, OR.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Office building for sale with full build‑out for an immediately usable interior configuration
Contact an agent
(541) 848-4064 Call to check price and availability
More about this property
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