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2500 NE Twin Knolls Dr 25,200 SF 93% Leased Office Building Bend, OR 97701 $9,127,997 CAD ($362.22 CAD/SF) 6.26% Cap Rate
Investment Highlights
- Below market rents offer strong upside
- Excellent mix of public and private sector tenants
- 12-person building conference room
- Ample parking with 30 and 60 minute stalls for client parking
- Professionally managed
Executive Summary
Located in NE Bend just off Hwy 20/Greenwood Ave, this fully-leased office investment property offers
stable cash flow in a highly accessible corridor.
The building has been meticulously maintained and professionally managed, with a strong mix of public and private sector tenants including Bend-La Pine Schools, High Desert ESD, Allstate Insurance, Woods Ortho, and more. All tenants operate on NNN leases, and current below-market rents provide clear upside for future ownership. Priced well below replacement cost.
A diverse range of suite sizes allows for efficient backfill and long-term flexibility. Positioned near Pilot Butte and just minutes from Bend’s medical district and the busy east side commercial hub, this property benefits from consistent demand and excellent visibility. Listing Principal Broker is a member of the ownership entity.
stable cash flow in a highly accessible corridor.
The building has been meticulously maintained and professionally managed, with a strong mix of public and private sector tenants including Bend-La Pine Schools, High Desert ESD, Allstate Insurance, Woods Ortho, and more. All tenants operate on NNN leases, and current below-market rents provide clear upside for future ownership. Priced well below replacement cost.
A diverse range of suite sizes allows for efficient backfill and long-term flexibility. Positioned near Pilot Butte and just minutes from Bend’s medical district and the busy east side commercial hub, this property benefits from consistent demand and excellent visibility. Listing Principal Broker is a member of the ownership entity.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
25,200 SF
Building Class
B
Year Built
2007
Price
$9,127,997 CAD
Price Per SF
$362.22 CAD
Cap Rate
6.26%
NOI
$571,413 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,500 SF
Building FAR
0.49
Lot Size
1.18 AC
Zoning
ME - Mixed Employment
Parking
61 Spaces (2.42 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite 150 features a mostly open office with conference room or private office and in-suite restroom.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 150 | 1,691 SF | Office | Full Build-Out | Now |
1st Fl-Ste 150
| Size |
| 1,691 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 150
| Size | 1,691 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 150 features a mostly open office with conference room or private office and in-suite restroom.
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 183742 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,171,909 CAD |
Property Taxes
Parcel Number
183742
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,171,909 CAD
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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2500 NE Twin Knolls Dr
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