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20420 Robal Lane

Bend, OR 97703
  • $11,250,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 220131016
UPDATED: 36 min ago
$11,250,000
  • 0
    BEDS
  • 8.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,900
    SQFT
  • $1,630
    $/SQFT
Type:
Commercial
Built:
1999
County:
Area:

School Ratings & Info


Listing courtesy of Fratzke Commercial R.E. Adviso.

Description

LOT SIZE One single tax lot divided into two separate parcels8.25 acres Total, estimated at 7.4 +/- acres net buildable/net leasableBUILDING SF 6,900 RSF two-story CMU block facilityZONING CG - Commercial General - With residential use allowed. Zoning allows for a maximum height of 45 feet (up to 55 feet for mixed-use) and 43 units per gross acre.OCCUPANCY 100% OccupiedCAP RATE 4.8%NNN MASTER LEASE WITH 5 YEARS REMAINING.For more details, please see the attached document outlining the investment opportunity.

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© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2021-10-18T21:43:52.433
www.arendsrealtygroup.com/homes/121070099
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20420 Robal Lane Bend, OR 97703

  • Price: $11,250,000
  • Status: Active
  • Updated: 36 min ago
  • MLS #: 220131016
0
Beds
0
Baths
0
½ Baths
8.25
Acres
6,900
SQFT
$1,630
$/SQFT
1999
Built
County:
Deschutes
Area:
Bend
Property Description
LOT SIZE One single tax lot divided into two separate parcels8.25 acres Total, estimated at 7.4 +/- acres net buildable/net leasableBUILDING SF 6,900 RSF two-story CMU block facilityZONING CG - Commercial General - With residential use allowed. Zoning allows for a maximum height of 45 feet (up to 55 feet for mixed-use) and 43 units per gross acre.OCCUPANCY 100% OccupiedCAP RATE 4.8%NNN MASTER LEASE WITH 5 YEARS REMAINING.For more details, please see the attached document outlining the investment opportunity.
Exterior Features

Construction Materials Block Foundation Details Slab Levels Two Parking Details Numberof Parking Spaces 80 Parking Details Parking Yes Parking Features Asphalt Roof Asphalt

Interior Features

Additional Features Office Space Cooling Central Air Flooring Concrete Heating Heat Pump

Property Features

Additional Parcels YN No CCAnd Rs YN No Cross Street Hunnell Road Existing Lease Type Absolute Net FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate Perc 4.80 Listing Terms Cash New Construction YN No Power Production Public Utilities Sewer Sand Filter Special Listing Conditions Standard Tax Annual Amount 32388.20 Tax Year 2020 Zoning Cg

Listing information © 2021 MLS of Central Oregon
Listing provided courtesy of Fratzke Commercial R.E. Adviso.

© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2021-10-18T21:43:52.433
 
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Arends Realty Group | Cascade Sotheby's International Realty
290 E Cascade Ave. PO Box 609
Sisters OR, 97759

Listing courtesy of Fratzke Commercial R.E. Adviso.