2605 1St St Redmond, OR 97756
- Industrial properties
- 58,568 SF
Current Use by Public Records
- Industrial properties
Property Details for 2605 1St St
- Year built
- 2022
- Property size
- 58,568 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional Class A industrial property, located at 2605 S 1st St, Redmond, OR 97756, offers 58,568 square feet of new construction space in two buildings. Built in 2022, this light industrial zoned property sits on a 10.6-acre lot and is ideally suited for manufacturing, distribution, or flex uses. The property features ceiling heights ranging from 16 to 26 feet, providing ample vertical space for various operational needs. Multiple tenancy is available, with spaces ranging from a minimum of 2,300 square feet to a maximum contiguous space of 24,000 square feet. Two suites remain available. The property boasts a prime location in Deschutes County, one block from Redmond Airport and Airport Way, a high-traffic area averaging 6,000 cars daily. This location is within the Airport Business Center, home to diverse businesses including call centers, high-tech manufacturing, distribution, and educational facilities. A tenant improvement allowance of up to $10 per square foot is available with a five-year or longer lease. This is a rare opportunity to secure first-generation space in a thriving business hub. Almost 90% of the building is already leased, indicating high demand and a strong investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.17
- Latitude
- 44.2542
