IHop

30 NE Bend River Mall Drive, Bend, OR
Deal Type:
Net Lease
Price:
$2,507,447
Cap Rate:
6.75%
Current Rent:
$169,254
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 3+ Years years
Renewal Options:
1, 5-year options
Building Sq. Ft.:
5,132 SF
Rent Increases:
12% at Option

Investment Highlights

  • Shadow anchored by brand new Winco (opened Feb 21)
  • 3± years remaining on an absolute triple net lease
  • Stabilized customer base, with over 53,000 residents in a 3-mile radius and over 104,000 in a 5-mile radius
  • Huge Growth in Bend Oregon – over 25% Year over Year
  • Located on Main Thoroughfare on the North Side of Bend: Surrounding Retailers include Macy’s, Kohl’s, Hobby Lobby, TJ Maxx, WinCo Foods, Aspen Dental, Petco, Burger King, Circle K

Listing Agents

Dean Copans

Managing Director
650 465 3993
dean@stream-cp.com

Connor Shell

Managing Director
407 913 9009
Connor@stream-cp.com

Breanna Rusk

Vice President
714 722 4110
Breanna@stream-cp.com

In Association with ParaSell, Inc. | A Licensed Oregon Broker #201233666

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