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Established Restaurant Investment Opportunity
For Sale
Contact for pricing
Pending

63076 N Hwy 97, Bend, OR 97701

Profitable drive-in restaurant with long-term tenant in place.

Property Size1,700 SF
Days on Market1530

Property Features for 63076 N Hwy 97

General Information

Standard status Pending
Size 1,700 SF
Class B
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $216,000

Building Details

Year Built 2008
Year Renovated 2021
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Keller Williams Portland Central
Listed By: James Gillespie · License #OR 900800253
Source: Crexi
Added: Jun 24, 2022 Changed: Aug 23 Last Checked: Aug 31 at 12:08AM

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 Keller Williams Portland Central

Investment Insights

Based on property information with market context.

This property is currently operating as a drive-in restaurant. The tenant has been involved with Sonic for over 35 years and currently operates 9 Sonic locations in Oregon and Northern California. The lease includes a personal guarantee and has zero landlord responsibilities, making it a management-free passive investment. Sonic was founded in 1953 and is the nation's largest chain of drive-in restaurants with more than 3,500 drive-ins serving approximately 3 million customers every day. The property size is 1,700 square feet.

Key Highlights

  • Management‑free passive investment with zero landlord responsibilities
  • Lease is signed with a personal guarantee
  • Tenant operates 9 Sonic locations in Oregon and Northern California

Property Analytics

Current Use

Sonic Drive-In Restaurant

Suggested Use

Top Pick Hair Salon Law Firm (Bike/Boat/Book/etc) Store Daycare Center Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
177k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Dining 27% Shops & Services 25% Electronics 2%
WinCo Foods Groceries
78,675 visits/mo 0.2 miles
Dutch Bros. Coffee Dining
16,648 visits/mo 0.1 miles
Dollar Tree Shops & Services
15,778 visits/mo 0.3 miles
Chevron Shops & Services
14,693 visits/mo 0.2 miles
SONIC Drive In Dining
14,122 visits/mo 0.1 miles

Demographics for 97701, OR

42,159
Population
19,020
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
94%
High-School Grad
311.8 sq mi
ZIP Area
135
Density / Sq Mi
$77,969
Median Household Income
$47,431
Median Earnings
$1,700
Median Rent
$567,800
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Profitable drive-in restaurant with long-term tenant in place.
Where is this drive through restaurant located?
The property is located at 63076 N Hwy 97 Bend, OR.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Management‑free passive investment with zero landlord responsibilities; Lease is signed with a personal guarantee; Tenant operates 9 Sonic locations in Oregon and Northern California
(503) 496-5151 Call to check price and availability
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