63130 NE Lancaster Street, Bend

63130 NE Lancaster Street, Bend

The Shops at Boyd Acres is a brand new 15,485 +/- SF neighborhood shopping center located on the northeast side of Bend, just off of Empire Avenue. Consisting of four (4) single story buildings,  the center is currently 65.7% leased with continued high interest and demand. The property is situated in an under-served sector of Bend, and as a result current tenants have all successfully prospered.

-Outstanding demographics: 31,936 +/- adults live within 3 miles and 64,842 +/- work within 3 miles
-High traffic counts: 10,443 ADT on Empire Ave & 5,577 ADT on Boyd Acres Road
-Close proximity to Brinson Industrial Park – an industrial campus generating employment for thousands of workers

-5.46% Cap Rate (Proforma)
-$295,214 Annual NOI
-4 single-story buildings
-Zoned CC – Convenience Commercial

Contact listing broker Brian Fratzke or Nick Vaughn for more information.

Property Details

Sale Price $5,400,000
63130 NE Lancaster Street
Bend, OR 97701

MLS#: 201903464
Property Type: Retail
Building Square Feet: 15,485 +/-
Lot Size: 1.2 Acres
Zoning: CC

Status: Active