687 SE Glenwood Drive, Bend, OR
Industrial for Sale - $3,300,000 - 29,666 Sq. Ft. on 5.01 acres
Property Info
| CIMLS# | 1020761 |
| Location 687 SE Glenwood Drive Bend OR 97702 | |
| Updated | February 21st, 2019 |
| Type | Industrial |
| Price | $3,300,000 |
| Building | 29,666 Sq. Ft. |
| Land | 5.01 acres |
Property Description
Attn Investors, huge price reduction! Property has potential tax benefits using the Opportunity Zone Program. Cap rate now 6%. Prime investment opportunity offered for the first time in the desirable fast growing Bend, OR! This property features newer solid long term leases, with a large majority being triple net. Great long term anchor tenant just signed a new 10 yr NNN lease, L&W Building supply backed by one of the largest construction supply corporations in the Country. Other features incl 4 buildings totaling 28,734sf, 5,090sf covered storage, 1,932sf 2nd level offices, 5+ ac prime Industrial land w/development potential, 7 tax lots, new paving, 6yr old roof, & some new HVAC systems.
