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

Four newly built commercial suites combine office, restroom, shop, power, and secured exterior storage areas.

Space Size1,800 SF
Days on Market35

Property Features for 501 SW Veterans Way Unit 102

General Information

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

Space & Availability

Available Space 1,800 SF
Space Use Industrial

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

Amenities

internet included

Building Details

Year Built 2026
Listing Agency: Century 21 North Homes Realty
Listed By: Bruce Barrett · License #860600301
Source: Marygilbertgroup
Added: Jul 26 Changed: Aug 28 Last Checked: Aug 29 at 12:38PM

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 Century 21 North Homes Realty

Investment Insights

Based on property information with market context.

Completed in 2026, this industrial flex property includes four 1,800-square-foot suites. Each unit combines an office with ductless A/C, a restroom, and an insulated shop area heated by electric forced air. Three-phase, 240-volt power supports commercial operations, while a roll-up door and fenced outdoor storage area serve each suite.

The building is entered from SW Veterans Way in Redmond, near the VFW Hall. Site improvements include strong lighting, energy-efficient features, and a large paved lot designed for pull-around vehicle circulation. The property is offered for lease, with a five-year term preferred.

Key Highlights

  • Four suites, each measuring 1,800sf
  • 2026‑built industrial flex property
  • Each unit includes restroom, office with ductless A/C, and insulated shop

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
$2.16 /SF/Yr
CAM

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Four newly built commercial suites combine office, restroom, shop, power, and secured exterior storage areas.
Where is this flex space located?
The property is located at 501 SW Veterans Way Unit 102 Redmond, OR.
What are key features of this property?
This property features: Four suites, each measuring 1,800sf; 2026‑built industrial flex property; Each unit includes restroom, office with ductless A/C, and insulated shop
More about this property
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