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Redmond Office Building

153 SW 5th Street is an impressive office building, spanning 4,138 square feet on a 0.35-acre lot. It stands as a cornerstone of stability in Down­town Redmond. Situated at the signalized intersection of 5th Street and Black Butte Boulevard, this property enjoys unparalleled visibility and accessibility.

Fully leased to two esteemed tenants, Edward Jones and Western Title and Escrow, both on triple net leases, this building combines ease of management with the assurance of consistent and reliable returns, boasting a commendable 5.23% cap rate. Its prime location within this thriving community, paired with the quality of its tenants and the stability of its leases, positions this investment as a coveted asset in the burgeoning commercial landscape of Central Oregon. Don’t miss this chance to acquire a solid, income-generating property in a dynamic and growing locale.

Location

Downtown Redmond

Property Type

Office

Zone

Central Business District Commercial (C-2)

Year Built

1999

Cap Rate

5.23%

153 SW 5th Street

Redmond, OR

$1,450,000

Price

4,138 SF | 0.35 AC

Size

Contact Broker
View LoopNet Listing

Property Highlights

Want more information?

Grant Schultz, CCIM

541.480.9873

Erich Schultz, Broker

541.419.0401

    Redmond Office Building