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Burgerville Building 612 SE 3rd St 2,268 SF Retail Building Bend, OR 97702 $3,149,000 ($1,388.45/SF)
INVESTMENT HIGHLIGHTS
- Long Term Lease
EXECUTIVE SUMMARY
SELLER WILL ENTERTAIN OFFERS
Located on the southeast corner of Wilson Avenue and 3rd Street. Great investment opportunity with a newly executed Burgerville Corporate Lease effective March 2025, with a 15 year initial term and four 5-year renew options. Rent escalations of 10% every 5th year of lease. Absolute Triple Net Lease. Excellent lighted corner location on the main commercial corridor in the central part of the rapidly growing City of Bend. Wilson Avenue is one entrance to the Old Mill District - a major office and national retail area of Bend and home to our renowned, outdoor Hayden Homes Amphitheater that features entertainment artists throughout the summer.
Located on the southeast corner of Wilson Avenue and 3rd Street. Great investment opportunity with a newly executed Burgerville Corporate Lease effective March 2025, with a 15 year initial term and four 5-year renew options. Rent escalations of 10% every 5th year of lease. Absolute Triple Net Lease. Excellent lighted corner location on the main commercial corridor in the central part of the rapidly growing City of Bend. Wilson Avenue is one entrance to the Old Mill District - a major office and national retail area of Bend and home to our renowned, outdoor Hayden Homes Amphitheater that features entertainment artists throughout the summer.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,268 SF
Year Built
2005
Price
$3,149,000
Price Per SF
$1,388.45
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
CL
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
Built on a tradition of serving fresh food made with local ingredients, they continue to partner with neighboring farms and businesses that share their commitment to quality food and regional vitality. From a single restaurant in 1961 to 40 across the Pacific Northwest, they continue to push the boundaries of quality and transparency. It’s no wonder they are the hometown favorite.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 106544 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $615,310 |
PROPERTY TAXES
Parcel Number
106544
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$615,310
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Burgerville Building | 612 SE 3rd St
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