Listing Detail for MLS: 201903464
Courtesy: Fratzke Commercial R.E. Adviso

For more information on this listing, please contact...

  •   Price:

    • $5,400,000

  • Listing #:
    • 201903464
  • Class:
    • Commercial
  • Status:
    • Active
  • Type:
    • Restaurant,retail,mixed Use
  • Apx. SqFt:
    • 15,485
  • Lot Size:
    • 52272.00
  • Year Built:
    • 2014
  • Address:
    • 63130 Lancaster Street
  • City:
  • County:
    • Deschutes
  • Area:
    • Parkway Village
  • State:
    • OR
  • Zip:
    • 97701

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Description

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. 5.46% Cap Rate (Proforma) $295,214 Annual NOI. 4 single-story buildings.
  • Building Details
    • Construction:
      • - Brick / Block
      • - Frame
    • Foundationdetails:
      • - Slab
    • Roof:
      • - Metal
    • # Of Floors:
      • - 1
    • Flooring:
      • - Slab
  • Unit 1
    • Unit 1 Sq. Ft.:
      • - 0.00
    • Unit 1 Rent:
      • - 0.00
  • Unit 2
    • Unit 2 Sq. Ft.:
      • - 0.00
    • Unit 2 Rent:
      • - 0.00
  • Unit 3
    • Unit 3 Sq. Ft.:
      • - 0.00
    • Unit 3 Rent:
      • - 0.00
  • Unit 4
    • Unit 4 Sq. Ft.:
      • - 0.00
    • Unit 4 Rent:
      • - 0.00
  • Unit 5
    • Unit 5 Sq. Ft.:
      • - 0.00
    • Unit 5 Rent:
      • - 0.00
  • Property Details
    • Lot Number:
      • - 3
    • LotSizeAcres:
      • - 1.20
    • Propertytype:
      • - Commercial Building
    • View:
      • - Cascade Mountain
  • Parking
    • Parking Features:
      • - Parking Lot-asphalt
    • Parking:
      • - Yes
  • Utilities
    • Electric Company:
      • - Pp&l
    • Existing Water:
      • - City
    • Water District:
      • - City
    • Sewer:
      • - City Sewer
    • Heating:
      • - Natural Gas
  • Lease Details
    • Lease Type:
      • - Net
    • Lease Type:
      • - Triple Net / Nnn
    • Leased:
      • - Yes
    • Tenant Pays:
      • - Common Area
      • - Electric
      • - Liablity Insurance
      • - Exterior Maintenance
      • - Gas
      • - Insurance
      • - Taxes
      • - Interior Maintenance
      • - Water / Sewer
  • Inc / Expenses
    • Est. Gross Op Income:
      • - $0.00
    • NetOperatingIncome:
      • - $0.00
    • Est. Total Exp:
      • - $0.00
    • TaxAnnualAmount:
      • - $18,390.34
    • Taxyear:
      • - 2018
    • Backup Pkg Avail:
      • - No
    • CapRate:
      • - 0.00
  • Miscellaneous
    • Daysonmarket:
      • - 72

For more information on this listing, please contact...