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Co-Anchor Retail Suite on Highway 97
For Lease
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61545 S Hwy 97, Bend, OR 97702

High-visibility retail suite in Paulina Square with prominent storefront signage and direct Highway 97 frontage.

Space Size11,152 SF
Property Size14,674 SF
Days on Market143

Property Features for 61545 S Hwy 97

General Information

Standard status Active
Size 11,152 SF
Total Parking Spaces 46
Property subtype Retail
Zoning CG
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 14,674 SF
Year Built 1995
Tenancy Multiple

Spaces For Lease

at 61545 S Hwy 97 Contact us

Available Space

Size
11,152 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Compass Commercial Real Estate Services
Listed By: Emilio Tiscareno · License #201245391
Source: Crexi
Added: Apr 15 Changed: Aug 16 Last Checked: Sep 4 at 3:31AM

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 Real Estate Services

Investment Insights

Based on property information with market context.

Paulina Square offers a co-anchor retail space currently occupied by Big 5 Sporting Goods, with availability targeted within about six months. The suite is designed for strong storefront presence, featuring prominent signage and convenient customer access. The listed space totals 11,152 square feet within the center.

Paulina Square is anchored by Fred Meyer and is located on Bend’s dominant commercial corridor, South Highway 97. The property benefits from consistent traffic counts exceeding 19,000 vehicles per day. The center also notes flexible CG zoning and a co-tenancy profile supported by national retailers serving a growing residential base in the surrounding area.

Key Highlights

  • 11,152 SF retail co‑anchor space in Paulina Square
  • Direct frontage on South Highway 97 with prominent storefront signage
  • Customer access designed for retail traffic along Bend’s dominant corridor

Property Analytics

Current Use

Big 5 Sporting ... Clothing Store D's Hobbies (Bike/Boat/Book/etc) Store Great Clips Hair Salon

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist

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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby
271k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 39% Groceries 31% Dining 24% Apparel 3%
Fred Meyer Groceries
83,322 visits/mo 0.2 miles
McDonald's Dining
25,327 visits/mo 0.2 miles
Fred Meyer Gas Station Shops & Services
23,386 visits/mo 0.2 miles
Dollar Tree Shops & Services
21,916 visits/mo 0.2 miles
Starbucks Dining
17,895 visits/mo 0.3 miles

Demographics for 97702, OR

51,161
Population
23,318
Households
2.2
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
103.5 sq mi
ZIP Area
494
Density / Sq Mi
$89,094
Median Household Income
$47,743
Median Earnings
$1,825
Median Rent
$620,600
Median Home Value

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Fred Meyer Inc, 61535 S Hwy 97, Bend, OR 97702
  • Sunglass Hut 450 SW Powerhouse Dr Ste 404, Bend, OR 97702

Frequently Asked Questions

What type of property is this?
Shopping center - High-visibility retail suite in Paulina Square with prominent storefront signage and direct Highway 97 frontage.
Where is this shopping center located?
The property is located at 61545 S Hwy 97 Bend, OR.
What is the lease rate?
The lease rate is $24.60 SF/Yr.
What are key features of this property?
This property features: 11,152 SF retail co‑anchor space in Paulina Square; Direct frontage on South Highway 97 with prominent storefront signage; Customer access designed for retail traffic along Bend’s dominant corridor
(541) 848-4061 Call to check price and availability
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