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    Bend Office Building For Sale

    300 SE Reed Market Rd Bend, OR 97702

    300 SE Reed Market Rd, Bend, OR, 97702
    Contact for pricing
    For Sale
    Contact for pricing

    8,561 square foot office building available for purchase.

    Property Size8,561 SF
    Price / SF$262.82
    Days on Market634

    Property Features for 300 SE Reed Market Rd

    General Information

    Standard status
    Active
    Size
    8,561 SF
    Property subtype
    Office

    Building Details

    Year Built
    1997
    Listing agency Compass Commercial Real Estate Services
    Listed by Russell Huntamer · License #OR 200407143
    Source Crexi
    Added: Oct 26, 2024 Updated: Jul 6 at 8:24AM Checked: Jul 21 at 5:02AM

    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.

    This commercial real estate offering features an 8,561 square foot office building. The property is available for sale.

    Key Highlights

    • Built in 1997

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $174.6k $20.40
    − Vacancy −$10.7k −$1.25
    EGI $163.9k $19.15
    − OpEx −$41.0k −$4.79
    NOI $122.9k $14.36
    8,561 SF · lease $20.40/SF/yr · vacancy 6.14% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.76M
    $1.54M – $2.05M (±1% cap)
    NOI $122,941 @ 7.0% cap · market cap 5.46%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.70M
    $3.24M – $4.31M (±1% cap)
    NOI $258,885 @ 7.0% cap · market cap 11.51%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile 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

    Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Restaurant

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

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    FAQs

    What type of property is this?
    Office building - 8,561 square foot office building available for purchase.
    Where is this office building located?
    The property is located at 300 SE Reed Market Rd Bend, OR.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Built in 1997
    Contact an agent
    (541) 383-2444 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Russell Huntamer
    Russell Huntamer
    Real Estate License ID: OR 200407143
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