2185 NE 2nd St - Warehouse FOR SALE


Bend, OR 97701- Orchard District
$2,650,000 USD
541-383-2444
2185 NE 2nd St, Bend, OR for Sale
$2,650,000 USD
Warehouse - FOR SALE
1/23
null | 5.73% Cap Rate

2185 NE 2nd St
Bend, OR 97701
Orchard District


HIGHLIGHTS

  • Fully leased NNN investment with two tenants
  • Two-building industrial campus on one tax lot
  • 5,000 SF fitness facility with dock-high loading
  • 6,168 SF warehouse with grade-level roll-up door
  • 3-phase, 200-amp power serving both buildings
  • ME zoning supports broad industrial flexibility

OVERVIEW

2185 NE 2nd Street is a stabilized NNN industrial investment property located in Bend, Oregon, consisting of two standalone buildings totaling 11,168 SF on 0.66 acres within the Mixed Employment (ME) zoning district. The asset is fully leased to two established tenants, Gym X and German Transaxle, providing durable in-place income supported by staggered lease expirations in October 2027 and April 2030, each with renewal options. Building 1 totals 5,000 SF and is built out as a fitness facility with a basketball court, open training areas, two 12 ft. roll-up doors, one dock-high loading platform, 3-phase 200-amp power, two offices, two restrooms, and heating systems. Building 2 totals 6,168 SF and is primarily warehouse space featuring one 14 ft. grade-level roll-up door, 3-phase 200-amp power, multiple offices across two levels, and two restrooms. The property includes 27 onsite parking spaces, is fully sprinklered, and benefits from strong visibility and access near U.S. Highway 97, supporting long-term tenant demand and operational convenience.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

5.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2-Building Industrial Investment Property

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Health Club, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

3

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.66

LAND SF

28,750

ZONING

ME

APN/PARCEL ID

101323

ASK ABOUT THIS PROPERTY

Jay LyonsCompass Commercial Real Estate ServicesMore Info
541-383-2444

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Jay LyonsCompass Commercial Real Estate ServicesMore Info
541-383-2444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.