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2-Building Industrial Investment Property 2185 NE 2nd St 11,168 SF 100% Leased Industrial Building Bend, OR 97701 $3,618,999 CAD ($324.05 CAD/SF) 5.73% Cap Rate

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Investment Highlights

Fully leased NNN investment with two tenants
5,000 SF fitness facility with dock-high loading
3-phase, 200-amp power serving both buildings

Two-building industrial campus on one tax lot
6,168 SF warehouse with grade-level roll-up door
ME zoning supports broad industrial flexibility

Executive Summary

2185 NE 2nd Street is a stabilized NNN industrial investment property located in Bend, Oregon, consisting of two standalone buildings totaling 11,168 SF on 0.66 acres within the Mixed Employment (ME) zoning district. The asset is fully leased to two established tenants, Gym X and German Transaxle, providing durable in-place income supported by staggered lease expirations in October 2027 and April 2030, each with renewal options. Building 1 totals 5,000 SF and is built out as a fitness facility with a basketball court, open training areas, two 12 ft. roll-up doors, one dock-high loading platform, 3-phase 200-amp power, two offices, two restrooms, and heating systems. Building 2 totals 6,168 SF and is primarily warehouse space featuring one 14 ft. grade-level roll-up door, 3-phase 200-amp power, multiple offices across two levels, and two restrooms. The property includes 27 onsite parking spaces, is fully sprinklered, and benefits from strong visibility and access near U.S. Highway 97, supporting long-term tenant demand and operational convenience.

Marketing Brochure 04.26

Property Facts

Price	$3,618,999 CAD	Rentable Building Area	11,168 SF
Price Per SF	$324.05 CAD	No. Stories	1
Sale Type	Investment NNN	Year Built	2000
Cap Rate	5.73%	Parking Ratio	2.42/1,000 SF
Property Type	Industrial	No. Dock-High Doors/Loading	2
Property Subtype	Warehouse General Retail Health Club Industrial Service FlexLight Distribution	No. Drive In / Grade-Level Doors	3
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.66 AC
Zoning	ME - Mixed Employment

Price	$3,618,999 CAD
Price Per SF	$324.05 CAD
Sale Type	Investment NNN
Cap Rate	5.73%
Property Type	Industrial
Property Subtype	Warehouse General Retail Health Club Industrial Service FlexLight Distribution
Building Class	B
Lot Size	0.66 AC
Rentable Building Area	11,168 SF
No. Stories	1
Year Built	2000
Parking Ratio	2.42/1,000 SF
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	3
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	ME - Mixed Employment