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Highlights

  • Frontage on Hwy 97 with 19,287 AADT with excellent visibility
  • 11,152 SF large-format space ideal for national or regional retailers
  • Open floor plan allows for a variety of retail or showroom uses
  • Well-maintained with professional oversight and minimal deferred maintenance
  • Adjacent to Fred Meyer with 130K+ monthly visits driving regional traffic
  • 48 onsite spaces deliver a 3.27/1,000 SF ratio supporting high customer turnover

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 11,152 SF
  • 3-20 Years
  • $24.60 /SF/YR $2.05 /SF/MO $274,339 /YR $22,862 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
120 Days

The available space at Paulina Square consists of 11,152 SF of retail space currently occupied by Big 5 Sporting Goods, with availability within 6 months, offering a large-format layout ideal for retail or showroom users seeking strong visibility and access along South Highway 97. The suite features prominent storefront signage, direct highway frontage, and convenient customer access, all within a professionally managed center anchored by Fred Meyer and supported by strong co-tenancy including Great Clips and D’s Hobbies, with Commercial General zoning allowing a wide range of retail uses.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • 11,152 SF co-anchor retail space
  • Available within 6 months
  • Direct Hwy 97 frontage
  • Prominent storefront signage
  • Open retail floor plan
  • High customer accessibility
Space Size Term Rental Rate Rent Type
1st Floor 11,152 SF 3-20 Years $24.60 /SF/YR $2.05 /SF/MO $274,339 /YR $22,862 /MO Triple Net (NNN)

1st Floor

Size
11,152 SF
Term
3-20 Years
Rental Rate
$24.60 /SF/YR $2.05 /SF/MO $274,339 /YR $22,862 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
120 Days

The available space at Paulina Square consists of 11,152 SF of retail space currently occupied by Big 5 Sporting Goods, with availability within 6 months, offering a large-format layout ideal for retail or showroom users seeking strong visibility and access along South Highway 97. The suite features prominent storefront signage, direct highway frontage, and convenient customer access, all within a professionally managed center anchored by Fred Meyer and supported by strong co-tenancy including Great Clips and D’s Hobbies, with Commercial General zoning allowing a wide range of retail uses.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • 11,152 SF co-anchor retail space
  • Available within 6 months
  • Direct Hwy 97 frontage
  • Prominent storefront signage
  • Open retail floor plan
  • High customer accessibility

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 Paulina Square Co-Anchor Retail

  • Tenant
  • Description
  • US Locations
  • Reach
  • D's Hobbies
  • Retailer
  • 1
  • -
  • Great Clips
  • Salon/Barber/Spa
  • 6,165
  • International
Tenant Description US Locations Reach
D's Hobbies Retailer 1 -
Great Clips Salon/Barber/Spa 6,165 International

Property Facts

Total Space Available 11,152 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 14,500 SF
Year Built 1995
Parking Ratio 3.27/1,000 SF

About the Property

Paulina Square is a well-positioned retail center located at 61545 S Hwy 97 in Bend, Oregon, offering exceptional visibility along one of the region’s primary commercial corridors. Anchored by Fred Meyer, the property benefits from strong regional draw, consistent traffic counts exceeding 19,000 vehicles per day, and proximity to a dense and growing residential population. Built in 1995 and situated on 1.08 acres, the 14,674 SF property features professional management, established co-tenancy, and convenient on-site parking, making it an ideal destination for national and regional retailers seeking a high-profile location in one of Oregon’s fastest-growing markets.

  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

CrossFit
Starbucks
Fred Meyer
U.S. Bank
Toyota
Chase Bank
Columbia Bank
Barre3
Grocery Outlet
WaFd Bank
  • Listing ID: 40134637

  • Date on Market: 4/13/2026

  • Last Updated:

  • Address: 61545 S Highway 97, Bend, OR 97702

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