About 1500 Ne Cushing Drive
Neff Place, a vibrant Neighborhood Retail Center located at 1500 NE Cushing Dr in Bend, is now available for sale. This highly desirable property boasts a 100% lease occupancy with four reputable tenants, all on triple net leases. Tenants include Sunriver Brewing Eastside Pub, Sport Clips, Teacupfuls, and Cafe Yumm!. Situated in close proximity to St. Charles Medical Center, Summit Medical Group, and Central Oregon Radiology, the area benefits from a bustling daytime population. Surrounded by densely populated residential communities, the center enjoys steady patronage. The property features monument and building signage, ample on-site parking, and a favorable traffic count of 18,482 AADT on 27th Street and 11,755 AADT on Neff Road. With a competitive 5.25% Cap Rate, this opportunity offers both stability and potential for an investor seeking a prized retail property in Bend, OR.
Features of 1500 Ne Cushing Drive
| MLS® # | 220170970 |
|---|---|
| Price | $4,399,638 |
| Square Footage | 8,100 |
| Square Footage | 8100.00 |
| Acres | 1.17 |
| Year Built | 2014 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1500 Ne Cushing Drive |
|---|---|
| City | Bend |
| County | Deschutes |
| State | OR |
| Zip Code | 97701 |
Amenities
| Parking Spaces | 60 |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Stories | One |
| Has Basement | No |
Exterior
| Lot Description | 1 |
|---|---|
| Roof | Metal |
| Construction | Steel Framing |
| Foundation | Block |
Additional Information
| Date Listed | September 6th, 2023 |
|---|---|
| Days on Market | 84 |
| Zoning | RH |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass Commercial Real Estate |
|---|