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NNN Investment With Strong Brewery Tenant

This rare investment opportunity features a fully leased NNN property in the heart of downtown Bend, anchored by Silver Moon Brewing—Bend’s third oldest and one of its most beloved breweries. Situated across four contiguous tax lots totaling ±0.85 acres, the ±10,708 SF property offers exceptional visibility from both Greenwood Avenue and the Bend Parkway, along with 27 coveted onsite parking spaces—an uncommon amenity in the downtown core.
The site includes a vibrant mix of brewery operations, outdoor seating with fire pits, a food cart pod, and live music stages, creating a dynamic, income-generating venue that draws both locals and visitors. Silver Moon also benefits from sublease income generated from the food carts and an outdoor concert pavilion. Recent renovations and capital improvements add to the appeal for long-term stability and value.
Zoned Commercial Business District (CBD), the property provides substantial future upside with the potential for vertical redevelopment up to 65 feet in height. This is an ideal opportunity for investors seeking a stable asset with both income and long-term development potential in one of Bend’s most active and iconic downtown locations.

Location

Downtown Bend

Property Type

NNN Investment + Development Land

Zone

Commercial Business District (CBD)

Parking

27 onsite spaces

Number of Tax Lots

4

20-24 NW Greenwood Ave. & 21-35 NW Kearney Ave.

Bend, OR

$3,950,000

Price

5.12%

Cap Rate

Contact Broker
View LoopNet Listing

Property Highlights

Want more information?

Adam Bledsoe, Broker

208.866.5849

Dan Kemp, CCIM

541.550.8413

Peter May, CCIM

541.408.3888

Emilio Tiscareno, Broker

541.213.9640

    NNN Investment in Downtown Bend