SOLD | Columbia Distributing Facility
NNN Investment Opportunity / 20735 High Desert Ln., Bend
Compass Commercial Real Estate Services is pleased to present the opportunity to acquire a 100% fee-simple interest in 20735 High Desert Lane, Bend, OR. The Property is 100% leased to Columbia Distributing who has occupied the building since 2008.
The building was constructed in 2002 as a build-to-suit for the predecessor of Columbia Distributing. A new 15-year lease was executed in 2008. The building is not your typical industrial building; it is a Class “A” warehouse/distribution facility with an extensive, customized office build out and high-end cooling capabilities. This offering represents a unique opportunity to secure a high quality asset 100% leased to one of the country’s largest beer and wine distributors with strongholds in Oregon, Washington and California.
Cap Rate: 7.15%
Location: Bend, OR
Property Type: Warehouse/distribution facility
Zone: Light Industrial (IL)
Total SF/Lot Size: 106,773 SF / 7.74 Acres
Contact: Erich Schultz, SIOR | Dan Kemp, Broker
Listing: View LoopNet Listing
Offering Memorandum: Available with a signed NDA