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Prineville, OR NNN Properties for Sale

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Powell Butte, OR Redmond, OR Terrebonne, OR Madras, OR Bend, OR Culver, OR
Fully Leased NNN Property
Updated: Jul 6
Fully Leased NNN Property

121 NE 3rd Street, Prineville, OR 97754

$1,250,000
5,800 sqft 0.33 AC lot
5,800 SF restaurant building on 0.33 acres
Fully leased under a new 5‑year term beginning August 2025
5‑year renewal option with 3% annual rent increases
7.50% cap rate with NNN lease structure
C1 Central Commercial zoning
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Prineville, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Commercial Building
NNN Commercial Building

367 W Sisters Park Drive, Sisters, OR 97759

$1,090,000
4,000 sqft

Large NNN-leased commercial building with substantial parking and room for potential expansion on under one-third acre.

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Fully Leased Office Investment Property
Fully Leased Office Investment Property

2500 NE Twin Knolls Dr, Bend, OR 97701

$6,425,000

Fully leased office building on a busy east-side corridor with NNN-lease tenants.

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Multi-Tenant Flex Property
Multi-Tenant Flex Property

723 N Curtis Ct, Sisters, OR 97759

$1,350,000

Multi-tenant flex facility anchored by Solid Rock Granite on a new five-year NNN lease.

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NNN Brewery Property Assemblage
NNN Brewery Property Assemblage

20-24 NW Greenwood Ave & 21-35 NW Kearney Ave, Bend, OR 97701

$3,750,000

Four-parcel brewery assemblage with two buildings and an in-place 25-year NNN tenant.

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Prineville, OR Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Prineville, OR on our real estate platform. These investment opportunities span a total of 5,800 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for triple net lease properties in Prineville, OR average $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 22K
Population Growth (5Y) +13.5%
Median Household Income $76,698
College Educated 28.8%

Taxes & Financing

Tax Rate (average for all types) 1.59%
Property Tax per SF $16.99 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Crook County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Crook County

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Prineville fall within the 10,000 to 25,000 square foot range.

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