948 Veterans Way Redmond, OR 97756

OFF-MARKET

Banks

Property ID

US71-0497013

3,328 SF 0.56 ac lot Built 2000

Entity Owned Free & Clear

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A former bank branch building located in Redmond, Oregon, with a total building area of 3,328 square feet. The site includes a two-lane drive-through and 18 dedicated parking spaces (quantity to be confirmed). The property is positioned in a retail and services area and is adjacent to Fred Meyer and Lowe’s, with visibility from Veterans Way, Indian Ave, and Kalama Ave, and also within the Fred Meyer parking lot. Vehicular access is provided via Veterans Way and Indian Ave, with nearby connections to Hwy 126 (Highland & Glacier Aves), Hwy 97, and SW 6th St. Traffic on Veterans Way from Highland Ave is approximately 5,000 vehicles per day.

Property type Banks

Use group FINANCIAL BUILDING

Year built 2000

Total area 3,328 SF

Lot 0.56 ac (24,394 SF)

APN 151316 DB 00904

UPID US71-0497013

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

948 Veterans Way Redmond, OR 97756-2532

Redmond metro Census 901 BEND, OR METROPOLITAN STATISTICAL AREA

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