35 Cherry Ln Madras, OR 97741
This exceptional Class A industrial property, Eagle Ridge Business Park Phase 2, offers 12,000 square feet of versatile space in Madras, Oregon. Located at 35 NW Cherry Ln, 97741, this new construction (2024 completion) boasts three suites, with a minimum divisible space of 2,550 square feet and up to 12,000 contiguous square feet. The property features two buildings, each single-story, situated on 3.3 acres of land with 250 feet of frontage along US Hwy 26. Enjoy excellent visibility and convenient access. Each unit includes two loading docks with dock-high doors (12' x 14'), ample parking (20 spaces), and additional outside storage with roll-up doors. Inside, find small office spaces and ADA-compliant restrooms. The building is fully fire-sprinkled and serviced by Pacific Power and natural gas. This prime location is adjacent to the Madras Industrial Park, home to major companies like Bright Wood Corporation, Erickson Aero Tanker Base, Daimler Trucks North America, and Foster Manufacturing. The property is zoned for industrial use and falls within the Bend, Redmond, Prineville, Culver submarket of Central Oregon. This is an unparalleled opportunity for businesses seeking modern, efficient, and strategically located industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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