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Columbia Distributing Building for Sale

BEND, OR, January 17, 2017 – Compass Commercial Real Estate Services is pleased to announce that it has exclusively listed for sale the building at 20735 High Desert Lane in Bend. The property is 100% leased by Columbia Distributing, who has occupied the building since 2008. This is an investment opportunity with a single tenant and an existing NNN lease. A new 15-year lease was executed in 2008. The cap rate is 7.15%.

The two-story building is 106,773 sq. ft. on 7.74 acres. The building was built in 2002. Located in the Brinson Industrial Park, the building is anything but a typical industrial building. It is a Class “A” warehouse/distribution with extensive, customized office build out, high-end cooling, drive through access, and dock-high and ground level loading capabilities.

This unique offering provides the opportunity to acquire a high-quality asset 100% leased to one of the country’s largest and longest standing beer and wine distributors with strongholds in Oregon, Washington and California. View the listing and video to learn more.

If you have questions about this listing, please contact brokers Erich Schultz, SIOR or Dan Kemp at Compass Commercial Real Estate Services at 541.383.2444.