62080 NE 27th St - Restaurant FOR SALE


Bend, OR 97701- Larkspur
$2,200,000 USD
541-848-4064
62080 NE 27th St, Bend, OR for Sale
$2,200,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate

62080 NE 27th St
Bend, OR 97701
Larkspur


HIGHLIGHTS

  • Attractive turnkey restaurant building that includes the FF&E in the sale
  • Near prominent intersection of Hwy 20 and NE 27th Street
  • Shadow anchored by Walgreens and Wilco
  • Served by a drive-thru
  • Traffic counts over 15,000 (AADT 2025) on the corner of NE 27th and NE Hwy 20
  • Tenant vacating upon or prior to sale - Do not disturb tenant

OVERVIEW

Rare opportunity to acquire a turnkey stand-alone restaurant with drive-thru in a highly visible Bend location near the signalized intersection of NE Hwy 20 and NE 27th Street. The ±3,492 SF building sits on a 0.51-acre parcel and is zoned Commercial General (CG), allowing for a variety of retail and restaurant uses. Originally constructed in 1996, the property offers an efficient restaurant layout with a drive-thru lane, ample onsite parking, and strong street visibility. The sale includes furniture, fixtures, and equipment (FF&E), providing a plug-and-play opportunity for an owner/user or investor looking to reposition the asset. The site benefits from strong regional retail synergy and is shadow-anchored by Walgreens and Wilco, with traffic counts exceeding 15,000 vehicles per day along the NE Hwy 20 corridor. The existing tenant is scheduled to vacate prior to or upon sale, creating a rare chance to immediately occupy or redevelop the property. With Bend’s continued population growth and strong demographics, this property offers a compelling opportunity for restaurant operators, quick-service concepts, or investors seeking a high-visibility retail asset in one of Central Oregon’s most active commercial corridors.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$630 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Schlotzsky's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

CG

APN/PARCEL ID

189829

ASK ABOUT THIS PROPERTY

Graham DentCompass Commercial Real Estate ServicesMore Info
541-848-4064

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Graham DentCompass Commercial Real Estate ServicesMore Info
541-848-4064

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