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New Flex Space with Storage
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501 SW Veterans Way #102, Redmond, OR 97756

Newly built flex space offers office and restroom components, heated shop areas, roll-up access, and secured outdoor storage.

Space Size1,800 SF
Property Size7,200 SF
Days on Market178

Property Features for 501 SW Veterans Way #102

General Information

Standard status Active
Size 1,800 SF
Net Rentable 1,800 SF
Zoning M2
Lease Type NNN

Lease Terms

Lease Rate $1.20 /USD/SF/MO
Monthly Rent $2,160
Rent per SF/Year $14.40
CAM $0.46 /USD/SF/MO
Lease Term 60 months

Site & Location

Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Voltage 240 V
Three-Phase Power Yes

Additional Details

Available Space 1,800 SF

Taxes and HOA fees

Annual Taxes $6,411

Building Details

Building Size 7,200 SF
Year Built 2026
Buildings 1
Stories 1
Units 4
Listing Agency: Windermere Realty Trust
Listed By: Bruce Barrett · License #860600301
Source: Allprofessionalsre
Added: Feb 13 Changed: Aug 10 Last Checked: Aug 10 at 7:09AM

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 Windermere Realty Trust

Investment Insights

Based on property information with market context.

Completed in 2026, this industrial flex property is arranged as four 1,800-square-foot suites. Each suite combines an office with ductless A/C, a restroom, and an insulated shop served by electric forced-air heat. Individual spaces also include three-phase, 240-volt power, one roll-up door, and a fenced outdoor storage area. Energy-efficient features and strong lighting support practical day-to-day operations.

The building has access from SW Veterans Way near the VFW Hall in Redmond. A large paved pull-around parking area serves the property, while the south-end suite includes adjacent fenced storage with man-door access. The property is zoned M2 and is offered with a preferred five-year lease structure and NNN terms.

Key Highlights

  • Four 1,800‑square‑foot flex suites in a 2026 industrial building
  • Each suite includes an office, restroom, insulated shop, and ductless A/C
  • Three‑phase, 240‑volt power provided in every unit

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage Pharmacy Home Appliance Store HVAC Service

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

Yes
Fenced yard
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Newly built flex space offers office and restroom components, heated shop areas, roll-up access, and secured outdoor storage.
Where is this flex space located?
The property is located at 501 SW Veterans Way #102 Redmond, OR.
What are key features of this property?
This property features: Four 1,800‑square‑foot flex suites in a 2026 industrial building; Each suite includes an office, restroom, insulated shop, and ductless A/C; Three‑phase, 240‑volt power provided in every unit
More about this property
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