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    Bend Office Spaces Available Title is generated by Realmo AI

    300 SE Reed Market Rd, Bend, OR 97702

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    For Lease
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    Office spaces for rent in Bend, ranging from 269-355 SqFt.

    Type:Office
    Property size:
    355 SF
    Added:
    Oct 26, 2024
    Days on Market:
    566
    Last Refresh:
    Mar 16 at 10:34 am

    Property Features for 300 SE Reed Market Rd

    General Information

    Standard status
    Active
    Size
    355 SF
    Property subtype
    Office

    Building Details

    Year Built
    1997

    Spaces For Lease

    at 300 SE Reed Market Rd Contact us

    2nd Floor Suite 265 $1.50 /Mo

    Size
    295 SF
    Type
    Office
    Rent/Mo. NNN: $520 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 270 $1.50 /Mo

    Size
    269 SF
    Type
    Office
    Rent/Mo. NNN: $470 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 275 $1.50 /Mo

    Size
    295 SF
    Type
    Office
    Rent/Mo. NNN: $520 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    1st Floor Suite 105 $1.50 /Mo

    Size
    317 SF
    Type
    Office
    Rent/Mo. NNN $560n$1.50/SF/Mo. NNN for spaces greater than 1,000 SF. See lease...
    show more
    Contact us

    1st Floor Suite 110 $1.50 /Mo

    Size
    321 SF
    Type
    Office
    Rent/Mo. NNN: $570n$1.50/SF/Mo. NNN for spaces greater than 1,000 SF. See lease table...
    show more
    Contact us

    1st Floor Suite 115 $1.50 /Mo

    Size
    321 SF
    Type
    Office
    Rent/Mo. NNN: $570 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    1st Floor Suite 125 $1.50 /Mo

    Size
    273 SF
    Type
    Office
    Rent/Mo. NNN: $480nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
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    1st Floor Suite 130 $1.50 /Mo

    Size
    341 SF
    Type
    Office
    Rent/Mo. NNN: $600nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    1st Floor Suite 150 $1.50 /Mo

    Size
    271 SF
    Type
    Office
    Rent/Mo. NNN: $480 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    1st Floor Suite 155 $1.50 /Mo

    Size
    335 SF
    Type
    Office
    Rent/Mo. NNN: $590 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
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    Contact us

    1st Floor Suite 160 $1.50 /Mo

    Size
    335 SF
    Type
    Office
    Rent/Mo. NNN: $590 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 205 $1.50 /Mo

    Size
    269 SF
    Type
    Office
    Rent/Mo. NNN: $470 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 210 $1.50 /Mo

    Size
    297 SF
    Type
    Office
    Rent/Mo. NNN: $520 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 215 $1.50 /Mo

    Size
    355 SF
    Type
    Office
    Rent/Mo. NNN: $630 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 220 $1.50 /Mo

    Size
    355 SF
    Type
    Office
    Rent/Mo. NNN: $630nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 225 $1.50 /Mo

    Size
    297 SF
    Type
    Office
    Rent/Mo. NNN: $520 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 245 $1.50 /Mo

    Size
    297 SF
    Type
    Office
    Rent/Mo. NNN: $520 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 250 $1.50 /Mo

    Size
    297 SF
    Type
    Office
    Rent/Mo. NNN: $520 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 255 $1.50 /Mo

    Size
    355 SF
    Type
    Office
    Rent/Mo. NNN: $630 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us

    2nd Floor Suite 260 $1.50 /Mo

    Size
    355 SF
    Type
    Office
    Rent/Mo. NNN: $630 nLease Rate: $1.50/SF/Mo. NNN for spaces greater than 1,000 SF....
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Russell Huntamer

    Listing agent Russell Huntamer License #OR 200407143

    Listing office Compass Commercial Real Estate Services

    Listing date Oct 26, 2024

    Source Crexi

    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

    HighLights

    • Office space available, perfect for your business needs.
    • 20 spaces available, offering a variety of choices.
    • Space ranges from 269 SqFt to 355 SqFt.
    • Year Built: 1997.

    Overview

    Office spaces are available for rent, offering 20 spaces ranging in size from 269 SqFt to 355 SqFt.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bend Care Connection Crisis Center Anne H. Muir, ... Counselor Lotus Building Consultant Budget Car Rental Car Rental Facility Skyline Engineering Engineer

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.3021483
    Latitude
    44.0388625

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    FAQs

    What type of property is this?
    Office units - Office spaces for rent in Bend, ranging from 269-355 SqFt.
    Where is this office units located?
    The property is located at 300 SE Reed Market Rd Bend, OR.
    What are key features of this property?
    This property features: Office space available, perfect for your business needs.; 20 spaces available, offering a variety of choices.; Space ranges from 269 SqFt to 355 SqFt.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Russell Huntamer
    Real Estate License ID: OR 200407143
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    300 SE Reed Market Rd, Bend, OR 97702
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