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525 SW Umatilla St 20,393 SF Vacant Office Building Redmond, OR 97756 $6,407,273 CAD ($314.19 CAD/SF) 6.57% Cap Rate
INVESTMENT HIGHLIGHTS
- Abundant parking
- Located within the Airport Business Park
- Spacious lobbies on both floors, building elevator
- Prominent monument signage
- Outdoor break area
- Conditional use permit in place for church use
EXECUTIVE SUMMARY
Priced well below replacement cost with beautifully appointed spaces for owner occupancy.
Professionally managed with prestigious tenants. Under-market rents create long-term upside.
Across Airport Way from Redmond Airport, Robert’s Field, which serves 81,115 passengers monthly. Also nearby Deschutes County Fairgrounds and Expo Center, a 340-ac site with 300,000 SF of flexible meeting and event space which hosts more than 400 events per year.
Close proximity to Downtown Redmond with convenient access to Hwy 97.
Prominent monument and directory signage.
Abundant on-site parking, recently slurry coated and re-striped.
Outdoor employee break area surrounded by natural landscaping.
Spacious and well appointed lobby and second floor landing.
Building elevator.
Men's and women's restrooms on both floors.
Secure, keyless entry system.
Conditional use permit in place for church use.
Abundant parking
Listing Principal Broker is a member of the ownership entity.
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Professional, Scientific, and Technical Services
- -
- -
- -
-
Jan 0000
Julie has been doing accounting since 1998. Working closely with several types of small businesses to help them get the financial picture required to make their business decisions. Having an accurate financial picture for any business venture brings peace of mind to the personal experience of being a business owner. Jules Accounting works with different cpa’s that we are able to match up with the business owner for a productive and available team to meet each business’ individual needs.
- TriAgenics
- -
- -
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Professional, Scientific, and Technical Services | - | - | - | Jan 0000 | |
| TriAgenics | - | - | $9.99 | Lorem Ipsum | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
CUP in place for church use.
This space includes a reception area, 4 private offices, 2 storage areas, built-in cubicles in open area, breakroom, mail room, and climate controlled data room.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 101 | 7,100 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 201 | 5,473 SF | Office | Full Build-Out | Now |
1st Fl-Ste 101
| Size |
| 7,100 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 201
| Size |
| 5,473 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 101
| Size | 7,100 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
CUP in place for church use.
2nd Fl-Ste 201
| Size | 5,473 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This space includes a reception area, 4 private offices, 2 storage areas, built-in cubicles in open area, breakroom, mail room, and climate controlled data room.
PROPERTY TAXES
| Parcel Number | 204795 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,910,175 CAD |
PROPERTY TAXES
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525 SW Umatilla St
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