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Schlotzsky's Restaurant 62080 NE 27th St 3,492 SF Retail Building Bend, OR 97701 $2,200,000 ($630.01/SF)



Investment Highlights
- Attractive turnkey restaurant building that includes the FF&E in the sale
- Shadow anchored by Walgreens and Wilco
- Traffic counts over 15,000 (AADT 2025) on the corner of NE 27th and NE Hwy 20
- Near prominent intersection of Hwy 20 and NE 27th Street
- Served by a drive-thru
- Tenant vacating upon or prior to sale - Do not disturb tenant
Executive Summary
Rare opportunity to acquire a turnkey stand-alone restaurant with drive-thru in a highly visible Bend location near the signalized intersection of NE Hwy 20 and NE 27th Street. The ±3,492 SF building sits on a 0.51-acre parcel and is zoned Commercial General (CG), allowing for a variety of retail and restaurant uses. Originally constructed in 1996, the property offers an efficient restaurant layout with a drive-thru lane, ample onsite parking, and strong street visibility. The sale includes furniture, fixtures, and equipment (FF&E), providing a plug-and-play opportunity for an owner/user or investor looking to reposition the asset. The site benefits from strong regional retail synergy and is shadow-anchored by Walgreens and Wilco, with traffic counts exceeding 15,000 vehicles per day along the NE Hwy 20 corridor. The existing tenant is scheduled to vacate prior to or upon sale, creating a rare chance to immediately occupy or redevelop the property. With Bend’s continued population growth and strong demographics, this property offers a compelling opportunity for restaurant operators, quick-service concepts, or investors seeking a high-visibility retail asset in one of Central Oregon’s most active commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,492 SF
Building Class
C
Year Built/Renovated
1995/2010
Price
$2,200,000
Price Per SF
$630.01
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.51 AC
Zoning
CG - Commercial General
Parking
22 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
111’ on NE 27th
Amenities
- Drive Thru
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 189829 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,401,940 |
Property Taxes
Parcel Number
189829
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,401,940
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Schlotzsky's Restaurant | 62080 NE 27th St
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