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    2999 6Th St Redmond, OR 97756

    Sponsored
    For Lease
    $12 SF/Yr

    77,260 SF Office Building, Prime Location

    Lot size:
    77,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 77,260-square-foot executive office building, situated at 2999 SW 6th Street in Redmond, Oregon, presents a remarkable opportunity. The single-tenant property, built in 2003, sits on a spacious 13.13-acre lot and is zoned M1. Currently vacant, the building offers significant flexibility for a variety of commercial uses, previously configured as a call center. The property boasts approximately 150 parking spaces, providing ample convenience for employees and clients. Its strategic location offers easy access to Highway 97 and Redmond Airport, capitalizing on the area's robust growth and thriving community. Redmond's diverse economy and proximity to Bend make this an ideal location for businesses seeking to establish or expand their presence in the Pacific Northwest. The property's location in Deschutes County, Oregon, zip code 97756, provides access to a strong workforce and a desirable lifestyle. This presents a long-term opportunity, with a sublease term expiring July 31, 2029. The building's size and location make it an attractive option for businesses seeking a significant footprint in a dynamic market. This is a rare opportunity to secure a substantial, well-located commercial property in a rapidly growing area.

    Property Features for 2999 6Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    77,260 SF
    Total Rate
    80221.63

    Building Details

    Year Built
    2003

    Unit(s) available at that property

    Space
    Available Space
    Size
    77,260 SF
    Rate per SF
    $12

    HighLights

    • Large open workspace with private offices and conference rooms.
    • On‑site gym with locker rooms and outdoor basketball court.
    • Secure building access via keycard system.
    • Spacious breakroom with indoor/outdoor seating and full kitchen.
    • Minutes from Redmond Airport, downtown Redmond, and Highway 97.
    • Located in rapidly growing Redmond, a prime Pacific Northwest location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.1753384
    Latitude
    44.2480621

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    FAQs

    What type of property is this?
    Office Property / Space - 77,260 SF Office Building, Prime Location
    Where is this office property / space located?
    The property is located at 2999 6Th St Redmond, OR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Large open workspace with private offices and conference rooms.; On-site gym with locker rooms and outdoor basketball court.; Secure building access via keycard system.
    Request Owner's contact information
    2999 6Th St Redmond, OR 97756
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    Redmond, OR 97756
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    Realmo Value Estimation

    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.

    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.

    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
    2999 6Th St Redmond, OR 97756
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