- Attractive Investment: 6.54% pro forma cap rate with upside potential through rent escalations or Owner-User Potential
- Prime Bend Location: High-demand industrial market with easy highway access
- Functional Layout: Includes a fenced yard, large warehouse with 6,500 SF mezzanine, plus upstairs offices and conference room
- Long-Term NNN Lease: In year 7 of a 15-year lease with 2% annual escalations and two 10-year renewal options
- Corporate-Backed Tenant: Corporate guaranty with an international company
- Owner-User Potential: Opportunity to buy out existing lease for future owner occupancy
This prime industrial property in Bend offers a strong investment opportunity with long-term stability. The 22,567 SF building sits on 1.60 acres in the ME Zone, allowing for diverse uses. Located at the north end of Bend, it provides easy access to major highways. Built in 1997, the property features a fenced yard and an efficient layout. Now in year seven of a 15-year lease, the property is occupied by Zamp Solar, a leading provider of RV solar charging solutions. The lease includes 2% annual escalations and two 10-year renewal options, ensuring steady income growth. Zamp Solar, a subsidiary of Dometic Mobile Power Solutions, specializes in portable and mountable solar charging systems for RVs and off-grid power. Their strong market presence ensures a reliable tenant with a corporate guarantee. Seller financing or owner occupancy may be available.
Bend Industrial Investment Property
Location
North Bend
Property Type
Industrial Retail NNN leased Investment Property
Zone
Mixed Employment District (ME)
Cap Rate
6.54% Pro Forma
Price/SF
$194.75
Tenant
Zamp Solar
Property Highlights
