63130 Lancaster Street, Bend

$4,999,999

0 Beds
0 Baths
52,272 Sqft
1.2 Acres
0 Garages

The Shops at Boyd Acres is a brand new 15,485 +/- SF neighborhood shopping center located on the northeast side of Bend, just off of Empire Avenue. Consisting of four (4) single story buildings, the center is currently 65.7% leased with continued high interest and demand. The property is situated in an under-served sector of Bend, and as a result current tenants have all successfully prospered. Outstanding demographics: 31,936 +/- adults live within 3 miles and 64,842 +/- work within 3 miles. High traffic counts: 10,443 ADT on Empire Ave & 5,577 ADT on Boyd Acres Road. Close proximity to Brinson Industrial Park - an industrial campus generating employment for thousands of workers. 6.02% Cap Rate (Proforma) $300,822 Annual NOI. 4 single-story buildings.

Essential Information
MLS® #201903464
Price$4,999,999
Square Footage52,272
Square Footage15485.00
Acres1.20
Year Built2014
TypeCommercial Sale
StatusActive
Community Information
Address63130 Lancaster Street
SubdivisionParkway Village
CityBend
CountyDeschutes
StateOR
Zip Code97701
SectionNE
Amenities
ParkingAsphalt, Parking Lot
ViewCascade Mountains
Interior
HeatingNatural Gas
StoriesOne
Exterior
Lot Description3
RoofMetal
ConstructionBlock, Brick, Frame
FoundationSlab
Additional Information
Date ListedMay 6th, 2019
Days on Market374
ZoningCC
Listing Details
OfficeFratzke Commercial R.E. Adviso
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