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2464 SW Glacier Pl 6,384 SF Office Building Redmond, OR 97756 $1,920,000 ($300.75/SF) 6.01% Cap Rate
Investment Highlights
- Stable, hands-off NNN lease with strong regional tenant
- 2025 capital improvements include new roof and paint
- Excellent HWY 126 visibility
Executive Summary
Prime NNN-leased investment featuring Capstone Accounting & Tax on a five-year lease with two five-year renewal options.
This single-tenant, one-story office building enjoys high visibility along Highland Ave/Hwy 126 in Redmond.
Originally built as Hayden Homes headquarters in 2000, the property has been tastefully updated and meticulously maintained, offering a turnkey opportunity with stable, long-term income.
Contact Listing Broker for NDA to review APOD.
This single-tenant, one-story office building enjoys high visibility along Highland Ave/Hwy 126 in Redmond.
Originally built as Hayden Homes headquarters in 2000, the property has been tastefully updated and meticulously maintained, offering a turnkey opportunity with stable, long-term income.
Contact Listing Broker for NDA to review APOD.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Office
Building Size
6,384 SF
Building Class
C
Year Built
2000
Price
$1,920,000
Price Per SF
$300.75
Cap Rate
6.01%
NOI
$115,392
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,384 SF
Building FAR
0.26
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
C4 - Limited Service Commercial
Parking
21 Spaces (3.29 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
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Property Taxes
| Parcel Number | 179609 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $758,980 |
Property Taxes
Parcel Number
179609
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$758,980
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2464 SW Glacier Pl
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