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Paulina Square - Retail Center 61545 S Highway 97 Local commercial 1 363 m² 100 % Loué À vendre Bend, OR 97702 4 809 845 € (3 528,20 €/m²)
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Premier Location: Frontage on Hwy 97 with 19,287 AADT with excellent visibility
- Owner-User Option: Anchor space available for owner-user upon Big 5 lease expiration
- Value-Add Potential: Chance to re-lease anchor space at market rents or reconfigure tenancy
- Major Shopping Area: Adjacent to Fred Meyer with 130K+ monthly visits driving regional traffic
- Flexible Zoning: Commercial General (CG) zoning allows a wide range of retail uses
- Abundant Parking: 48 onsite spaces deliver a 3.27/1,000 SF ratio supporting high customer turnover
RÉSUMÉ ANALYTIQUE
Paulina Square presents a rare opportunity to acquire a high-visibility retail center on Bend’s dominant commercial corridor, South Highway 97, anchored by nationally recognized tenants and shadow-anchored by Fred Meyer. The center totals 14,674 square feet and is currently 100% leased, with Big 5 Sporting Goods occupying over 76% of the gross leasable area since 2008.
Big 5’s lease has been extended through January 31, 2027, providing income in place with near-term flexibility. Beginning December 1, 2025, either party may terminate the lease with 150 days' notice, allowing a buyer to plan for future occupancy or repositioning. Whether you’re an owner-user looking to control a prime, large-format box or an investor seeking to re-lease the anchor space, Paulina Square offers a compelling opportunity.
The property features strong co-tenancy, flexible CG zoning, and prominent Highway 97 frontage with over 19,000 vehicles per day. For owner-users, this is a chance to secure long-term real estate presence in one of Oregon’s fastest-growing cities. For investors, the offering presents covered land with future re-leasing or redevelopment potential in a high-barrier-to-entry location.
Paulina Square’s strategic location, existing income stream, and near-term occupancy flexibility make it a versatile asset for a wide range of buyer profiles.
Big 5’s lease has been extended through January 31, 2027, providing income in place with near-term flexibility. Beginning December 1, 2025, either party may terminate the lease with 150 days' notice, allowing a buyer to plan for future occupancy or repositioning. Whether you’re an owner-user looking to control a prime, large-format box or an investor seeking to re-lease the anchor space, Paulina Square offers a compelling opportunity.
The property features strong co-tenancy, flexible CG zoning, and prominent Highway 97 frontage with over 19,000 vehicles per day. For owner-users, this is a chance to secure long-term real estate presence in one of Oregon’s fastest-growing cities. For investors, the offering presents covered land with future re-leasing or redevelopment potential in a high-barrier-to-entry location.
Paulina Square’s strategic location, existing income stream, and near-term occupancy flexibility make it a versatile asset for a wide range of buyer profiles.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
1 363 m²
Classe d’immeuble
C
Année de construction
1995
Prix
4 809 845 €
Prix par m²
3 528,20 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,31
Surface du lot
0,44 ha
Zonage
CG - Commerce général
Stationnement
48 places (35,21 places par 1 000 m² loué)
Façade
55 m sur S Highway 97 Hwy
CARACTÉRISTIQUES
- Signalisation
1 1
Walk Score®
Très praticable à pied (72)
Bike Score®
Très praticable en vélo (82)
PRINCIPAUX COMMERCES À PROXIMITÉ
TAXES FONCIÈRES
| Numéro de parcelle | 177088 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 2 751 410 € |
TAXES FONCIÈRES
Numéro de parcelle
177088
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
2 751 410 €
CONTACTS
-
Dan Kemp -
Howard Friedman -
Emilio Tiscareno -
Compass Commercial Real Estate Services
1 sur 13
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Paulina Square - Retail Center | 61545 S Highway 97
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