We are pleased to announce the investment sale of the Direct Business Center located at 20505 Robal Lane in Bend, Oregon. The transaction was valued at $2,600,000. The 15,000 square foot light industrial steel frame building on 1.31 acres was built in 2004 facing Highway 97 and is located across from the Cascade Village Shopping Center and the new Robal Road Village. Direct Business Center is fully leased by tenants Lumber Liquidators, Northwest Tile Supply and Battery Systems.
Broker Robert Raimondi, CCIM of Compass Commercial Real Estate Services represented the seller, Direct Business Center Tharp and states “The North Highway 97 commercial corridor is an area that is currently receiving a large amount of capital investment, largely due to easy highway access and anticipated infrastructure improvements.” Broker Graham Dent, also of Compass Commercial represented Steve Lukovich, the buyer.
If you have questions about this article, please contact Robert Raimondi, CCIM or Graham Dent at Compass Commercial Real Estate Services at 541.383.2444.