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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

63455 Highway 97 Bend, OR 97703

367,856 SF
Property ID
Property summary
AI-generated overview

Cascade Village Shopping Center, located in Bend, Oregon, offers a prime retail opportunity within a thriving 367,856 square foot open-air center. Situated at the intersection of Highways 97 and 20, this high-traffic location boasts an impressive 265,000-person trade area encompassing Bend, Redmond, and Sisters. The center enjoys exceptional visibility and accessibility, benefiting from high daily vehicle counts on both highways (44,981 VPD on Hwy 97 and 21,509 VPD on Hwy 20 in 2021). Annual retail sales in this "Golden Triangle" area reach approximately $275 million, solidifying its position as a major retail hub. The center features a diverse mix of established national anchors including Trader Joe's, Best Buy, Ross Dress for Less, Dick's Sporting Goods, PetSmart, Scandinavian Designs, and Cost-Plus World Market. Multiple spaces are available, ranging from 805 to 10,775 square feet, offering flexibility for various retail concepts. A total of 17,217 square feet is currently vacant. The center's attractive design includes a charming village plaza with a water/fire display, serving as a community gathering space and hosting numerous events throughout the year. This unique setting, combined with its strong tenant mix and strategic location, presents a compelling investment opportunity in a dynamic market. The property is located at 63455 N Hwy 97, Bend, OR 97703, in Deschutes County.

Property profile
Verified
Property type Retail properties & Spaces
Total area 367,856 SF
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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