Property profile

1000 NW Wall St Bend, OR 97703

FOR LEASE
Commercial real estate
Property ID
US71-0438348
18,050 SF 0.16 ac lot Built 1908
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office suite, located at 1000 NW Wall St, Suite 220, Bend, OR 97703, offers a unique sublease opportunity in the heart of Bend's Central Business District (CBD). Situated on the second floor of a Class B building (33,915 total square feet), this fully furnished space boasts stunning views of Wall Street and Oregon Avenue through large windows, flooding the interior with natural light. The suite itself comprises a spacious lobby with a built-in reception area, three private offices, a dedicated conference room, a comfortable lounge/meeting area, and a convenient kitchenette. An open bullpen area provides additional workspace flexibility. The building also features a shared common area lounge complete with a well-appointed kitchen and ample seating, enhancing the overall professional environment. Built in 1928 and renovated in 2012, this two-story building offers a blend of historic charm and modern amenities. The current master lease expires in June 2025, presenting the possibility of transitioning to a direct lease. This is a rare opportunity to secure a move-in ready, high-quality office space in a prime downtown location. The suite is ideally suited for a small business or professional team seeking a prestigious and functional workspace. Don't miss this chance to establish your presence in the vibrant Bend business community.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1908
Total area 18,050 SF
Lot 0.16 ac (6,970 SF)
APN 171232 AC 06800
UPID US71-0438348

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Broker
  • Clothing Store Outdoor Sports Store
  • Music Venue
  • Law Firm
  • Law Firm

Location

1000 NW Wall St Bend, OR 97703
Bend metro Census 1602 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.65M
Blend (final) Blend
$4.65M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2016
Price N/A
2015
$8.2M
2011
$2.1M
2011
$2,500
2010
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $7.3M +15.9%
Auto repair, garage $6.9M +9.7%
Apartment house (5+ units) $6.9M +9.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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