1029 SW Highland Ave | Redmond, OR 97756
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1029 SW Highland Ave
Redmond, OR 97756
La Posada Mexican Grill · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,413 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.22 AC
Zoning
C2
ABOUT 1029 SW HIGHLAND AVE , REDMOND, OR 97756
Located on the main East to West thoroughfare in Redmond, this property is a great investment opportunity. The single-tenant building is leased by an restaurant with an established business clientele and longevity in this location. There are 10 years remaining on the current lease with two 5-Year options to renew. The current lease is a NNN lease with 3% annual escalations. The building has a drive through and plenty of customer parking.
PROPERTY TAXES
| Parcel Number | 123506 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $278,900 |
PROPERTY TAXES
Parcel Number
123506
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$278,900
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