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Open-Plan Retail Space
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412 SW Evergreen Ave, Redmond, OR 97756

A section of the interior is plumbed for commercial kitchen use.

Space Size5,000 SF
Days on Market2

Property Features for 412 SW Evergreen Ave

General Information

Standard status Active
Size 5,000 SF
Net Rentable 5,000 SF
Lease Type NNN

Space & Availability

Available Space 5,000 SF
Contiguous Space 5,000 SF
Space Use Retail/Service

Lease Terms

Lease Rate $1.65 /USD/SF/MO
Monthly Rent $8,250
Rent per SF/Year $19.80
CAM $0.20 /USD/SF/MO

Additional Details

Highway Access Yes

Amenities

parking
easy access
great visibility
plumbed for commercial kitchen

Building Details

Year Built 1968
Building Size 5,000 SF
Tenancy Single
Listing Agency: Aligned Commercial Real Estate
Listed By: Ken Streater · License #200511232
Source: Teammcglone
Added: Sep 26 Last Checked: Sep 26 at 3:55PM

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 Aligned Commercial Real Estate

Investment Insights

Based on property information with market context.

This 5,000±-square-foot retail property has a largely open interior and was built in 1968. A portion of the building is plumbed for a commercial kitchen. The space is currently used for fitness and juice or smoothie service, and the lease structure is NNN.

The property is in downtown Redmond, west of Hwy. 97 and just off Hwy. 126.

Key Highlights

  • 5,000 +- square foot building
  • Primarily open floor plan
  • Part of the building is plumbed for a commercial kitchen

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tech Support Center Locksmith Parking Lot & Garage Wine and Liquor Store Home Appliance 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

Single-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,571
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - A section of the interior is plumbed for commercial kitchen use.
Where is this retail space located?
The property is located at 412 SW Evergreen Ave Redmond, OR.
What are key features of this property?
This property features: 5,000 +- square foot building; Primarily open floor plan; Part of the building is plumbed for a commercial kitchen
More about this property
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