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625 SE 9th St 4,532 SF Industrial Building Bend, OR 97702 $1,550,000 ($342.01/SF) 6% Cap Rate

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EXECUTIVE SUMMARY

Situated in the high-traffic Wilson Street corridor, this well-positioned industrial property offers a fully leased building with excellent in-place rental income secured through the end of 2026. The lease includes one additional 2-year renewal option, providing future income stability and flexibility for ownership.
The site includes excess land, offering investors and developers a rare chance to capitalize on further development or expansion in one of Bend’s most rapidly evolving areas. Whether for additional industrial use, auxiliary services, or value-added improvements, the land provides a clear path for upside potential.
Additionally, the property lies within Oregon’s designated Opportunity Zone and Enterprise Zone, unlocking access to state and federal incentives that promote development, job creation, and long-term investment benefits.

625 SE 9th St OM 07102025

PROPERTY FACTS

Price	$1,550,000	Rentable Building Area	4,532 SF
Price Per SF	$342.01	No. Stories	1
Sale Type	Investment NNN	Year Built	1974
Cap Rate	6%	Tenancy	Single
Property Type	Industrial	Parking Ratio	2.21/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing Industrial Manufacturing	No. Dock-High Doors/Loading	1
Building Class	C	No. Drive In / Grade-Level Doors	1
Lot Size	1.00 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IL - Light Industrial

Price	$1,550,000
Price Per SF	$342.01
Sale Type	Investment NNN
Cap Rate	6%
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Industrial Manufacturing
Building Class	C
Lot Size	1.00 AC
Rentable Building Area	4,532 SF
No. Stories	1
Year Built	1974
Tenancy	Single
Parking Ratio	2.21/1,000 SF
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IL - Light Industrial