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2185 NE 2nd Street
Bend, OR 97701
Asking Price
$2.65M
Cap Rate
5.73%
Asset Type
Warehouse Industrial
Class
Class B
What's Special
2185 NE 2nd Street, Bend, OR 97701 <ul><li>Fully Leased Asset - Two established tenants on NNN leases</li><li>2-Building Campus - Standalone industrial buildings on a single tax lot</li><li>Building 1: Fitness Use - 5,000 SF gym with dock and two 12' roll-up doors</li><li>Building 2: Warehouse - 6,168 SF industrial building with one 14' roll-up door</li><li>3-Phase Power - 200-amp service serving each building</li><li>ME Zoning - Supports broad employment and light industrial uses</li><li>Strong Highway Exposure - Approx.
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NOI
$80,000
Cap Rate
3.02%
DSCR
0.51
Underwater
Cash-on-Cash
-9.73%
Monthly Payment
$13,110.754
Annual Cash Flow
$-77,329.049
