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Property profile & analytics
OFF-MARKET
Lifestyle centers

2500 Highway 20 Bend, OR 97701

Property ID
Property summary
AI-generated overview

This exceptional 156,729-square-foot retail property presents a unique investment opportunity in Bend, Oregon. Located at 2500 NE Hwy 20, this single-tenant building boasts a prominent position on a major north/south arterial, ensuring high visibility and accessibility. Previously occupied by a Costco, the building is zoned CG (Commercial General) and offers significant potential for a variety of retail uses. The property's substantial size and strategic location make it ideal for a large-format retailer or a business requiring extensive space. The building's history as a successful retail operation speaks to its inherent strengths and market appeal. Deschutes County's thriving economy and robust population growth provide a strong foundation for future success. This is a rare chance to acquire a substantial, well-located retail space in a highly desirable market. The property's size and zoning offer flexibility for adaptive reuse, catering to a wide range of potential tenants. Detailed property information and specifications are available upon request. This is a turnkey opportunity for an investor seeking a high-impact retail investment in a dynamic Oregon market. The property's location on a major thoroughfare ensures consistent traffic flow and high visibility, maximizing potential for customer engagement and business growth.

Property profile
Verified
Property type Lifestyle centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Costco Wholesale Big Box & Wholesale Store Discount Store
  • Costco hearing aid store Hearing Aid Store
  • Costco Bakery Bakery Specialty Food Shop
  • Beth K. Alvig, RPh Pharmacy
  • Elizabeth A. Cruz, RPH Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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