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Bend, Oregon, United States

Hanley Investment Group Real Estate Advisors Sells Retail Property In Bend, OR For $12M
SOLDRetail

Hanley Investment Group Real Estate Advisors Sells Retail Property In Bend, OR For $12M

Bend, Oregon, United States

$12,000,000

$444/SF

Building Size

27,000 SF

Asset Type

Retail

Closing

Jul 11, 2022

AI

A retail property located in Bend, OR has been sold for $12,000,000. The property spans a total area of 27,000 square feet, resulting in a price per square foot of $444.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,000,000
  • Market: Bend, OR
  • Size: 27,000 square feet

The sale of this retail property was overseen by brokers Beau Velten, Jeff Lefko, Bill Asher, and Eric Wohl from Hanley Investment Group Real Estate Advisors.

Players

Bill Asher

Hanley Investment Group

Broker

$658.2M

vol

91 deals

Broker

Bend Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93