Description
Neff Place, a vibrant Neighborhood Retail Center located at 1500 NE Cushing Dr in Bend, is now available for sale. This highly desirable property boasts a 100% lease occupancy with four reputable tenants, all on triple net leases. Tenants include Sunriver Brewing Eastside Pub, Sport Clips, Teacupfuls, and Cafe Yumm!. Situated in close proximity to St. Charles Medical Center, Summit Medical Group, and Central Oregon Radiology, the area benefits from a bustling daytime population. Surrounded by densely populated residential communities, the center enjoys steady patronage. The property features monument and building signage, ample on-site parking, and a favorable traffic count of 18,482 AADT on 27th Street and 11,755 AADT on Neff Road. With a competitive 5.25% Cap Rate, this opportunity offers both stability and potential for an investor seeking a prized retail property in Bend, OR.
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0BEDS
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1.17ACRES
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0BATHS
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01/2 BATHS
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8,100SQFT
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$543$/SQFT
School Ratings & Info
Description
Neff Place, a vibrant Neighborhood Retail Center located at 1500 NE Cushing Dr in Bend, is now available for sale. This highly desirable property boasts a 100% lease occupancy with four reputable tenants, all on triple net leases. Tenants include Sunriver Brewing Eastside Pub, Sport Clips, Teacupfuls, and Cafe Yumm!. Situated in close proximity to St. Charles Medical Center, Summit Medical Group, and Central Oregon Radiology, the area benefits from a bustling daytime population. Surrounded by densely populated residential communities, the center enjoys steady patronage. The property features monument and building signage, ample on-site parking, and a favorable traffic count of 18,482 AADT on 27th Street and 11,755 AADT on Neff Road. With a competitive 5.25% Cap Rate, this opportunity offers both stability and potential for an investor seeking a prized retail property in Bend, OR.
© 2023 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 Central Oregon Property Guide | John L Scott 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 Central Oregon Property Guide | John L Scott. Data last updated: .2023-12-07T23:46:28.587