Flex Space with Overhead
For Sale
Contact for pricing
620 W Three Peaks Dr #101, Sisters, OR 97759
Light industrial space accommodates office, production, retail, fitness, and warehouse uses in a flexible commercial layout.
Property Size11,400 SF
Days on Market61
Property Features for 620 W Three Peaks Dr #101
General Information
Standard status
Active
Size
11,400 SF
Property subtype
Commercial
Amenities
private office
restroom
parking
monument sign access
extra build-out choices
Building Details
Year Built
2026
Listing Agency:
Real Broker
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Aug 21
Changed: Oct 19
Last Checked: Oct 19 at 6:52AM
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 Real Broker
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Investment Insights
Based on property information with market context.
This flex property provides 2,400 square feet per suite within a 40-by-60-foot configuration, with the ability to combine suites for up to 7,200 square feet. Each unit includes two 12-by-14-foot overhead doors, a private office, restroom, and parking. Full HVAC, LED lighting, and 400-amp single-phase electric service support a range of operational needs.
The property is zoned Light Industrial and is designed for light industrial, retail, office, production, fitness, and warehouse applications. Monument sign access is available, while additional build-out options can be incorporated to customize the space.
The property is zoned Light Industrial and is designed for light industrial, retail, office, production, fitness, and warehouse applications. Monument sign access is available, while additional build-out options can be incorporated to customize the space.
Key Highlights
- 2,400 square feet per suite in a 40‑by‑60‑foot layout
- Suites can be combined for up to 7,200 square feet
- Two 12‑by‑14‑foot overhead doors per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,276
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,105,520
$2.1M
Cap Rate 7%
$1,503,943
$1.5M
Cap Rate 9%
$1,169,733
$1.2M
Market Conditions
NOI Build-Up for 11,400 SF
Gross rent
$154.6K $13.56/SF
− Vacancy
−$4.2K −$0.37/SF
EGI
$150.4K $13.19/SF
− OpEx
−$45.1K −$3.96/SF
NOI
$105.3K $9.23/SF
Area
Deschutes County, OR
Vacancy
2.71%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,105,520
Cap Rate 7%
$1,503,943
Cap Rate 9%
$1,169,733
Alternative Uses
Best Use
Flex RnD
$1.83M
$1.60M – $2.14M
NOI $128,192 @ 7.0% cap · market cap 12,819,200.00%
Second Best
Warehouse
$1.83M
$1.60M – $2.13M
NOI $127,836 @ 7.0% cap · market cap 12,783,600.00%
Theoretical Best
Retail
$3.92M
$3.43M – $4.58M
NOI $274,640 @ 7.0% cap · market cap 27,464,000.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 97759, OR
7,787
Population
5,110
Households
1.5
Avg Household Size
55
Median Age
49%
College-Educated
95%
High-School Grad
545.7 sq mi
ZIP Area
14
Density / Sq Mi
$100,848
Median Household Income
$39,237
Median Earnings
$1,402
Median Rent
$695,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial space accommodates office, production, retail, fitness, and warehouse uses in a flexible commercial layout.
Where is this flex space located?
The property is located at 620 W Three Peaks Dr #101 Sisters, OR.
What are key features of this property?
This property features: 2,400 square feet per suite in a 40‑by‑60‑foot layout; Suites can be combined for up to 7,200 square feet; Two 12‑by‑14‑foot overhead doors per unit
