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The Shops At The Old Mill District 425 SW Powerhouse Dr 2,919 - 23,255 SF of Retail Space Available in Bend, OR 97702
HIGHLIGHTS
- The Central Oregon Lifestyle Captured in One Place!
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,700 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 8,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 003 | 2,980 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 102 | 2,919 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 104 | 3,656 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
450 SW Powerhouse Dr - 1st Floor
- Space is an outparcel at this property
450 SW Powerhouse Dr - 1st Floor
450 SW Powerhouse Dr - 1st Floor - Ste 003
450 SW Powerhouse Dr - 1st Floor - Ste 102
- Lease rate does not include utilities, property expenses or building services
450 SW Powerhouse Dr - 1st Floor - Ste 104
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE SHOPS AT THE OLD MILL DISTRICT
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Anthropolgie
- Retailer
- -
- -
- Athleta
- Unisex Apparel
- 315
- International
- City Home
- Furniture/Mattress
- 8
- Regional
- Lady Bird Cultural Society
- Retailer
- -
- -
- Lululemon
- Unisex Apparel
- 605
- International
- Sephora
- Health & Beauty Aids
- 1,284
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Anthropolgie | Retailer | - | - |
| Athleta | Unisex Apparel | 315 | International |
| City Home | Furniture/Mattress | 8 | Regional |
| Lady Bird Cultural Society | Retailer | - | - |
| Lululemon | Unisex Apparel | 605 | International |
| Sephora | Health & Beauty Aids | 1,284 | International |
PROPERTY FACTS
| Total Space Available | 23,255 SF | Frontage | |
| Center Type | Lifestyle Center | Gross Leasable Area | 274,724 SF |
| Parking | 15774 Spaces | Total Land Area | 83.69 AC |
| Stores | 39 | Year Built | 2000 |
| Center Properties | 21 |
| Total Space Available | 23,255 SF |
| Center Type | Lifestyle Center |
| Parking | 15774 Spaces |
| Stores | 39 |
| Center Properties | 21 |
| Frontage | |
| Gross Leasable Area | 274,724 SF |
| Total Land Area | 83.69 AC |
| Year Built | 2000 |
ABOUT THE PROPERTY
The Old Mill District in Bend is a distinctive Mixed-Use development on 270 acre in the center of Bend situated on the banks of the Deschutes River with views of the Cascade Mountains. The Shops at the Old Mill District is Bend's Premier Lifestyle Center with 267,000 SF of retail on 17 acres of the development anchored by a 16 Screen Regal Cinema with an IMAX and a 28,000 SF Flagship REI. The project is a shopping, dining and wellness hub that brings together the people who live work and play in Central Oregon. The Shops at the Old Mill District provides an eclectic mix of local, regional and national retailers and restaurants and includes an 8,500 seat outdoor amphitheater which ownership runs in partnership with Live Nation bringing in over 50 big name concerts per year. With 300 days of sunshine, year round recreation and the restaurant and music scene, Central Oregon has become one of the fastest growing populations in the state centered in Deschutes County around the City of Bend. Warby Parker recently opened, Will Leather Goods will open in the Fall and Madewell will be opening early 2026. More exciting news to follow. The Shops at the Old Mill District is now expanding to another 21,000 SF on the North side of the project for delivery in 2026.
- Waterfront
NEARBY MAJOR RETAILERS
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The Shops At The Old Mill District | 425 SW Powerhouse Dr
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