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Redmond Cascade Plaza 2498 S Highway 97
1,759 - 3,901 SF of Retail Space Available in Redmond, OR 97756
Highlights
- Traffic counts exceeding 28,076 on S Highway 97
- Monument signage
- Co-tenants include Bedmart Mattress Superstore, Aziz Crew Barber Shop, Dog Gone Cute Grooming, Connection Rio Brazilian Jiu-Jitsu, and Chavez Market
- Frontage and signage on Highway 97
- 95 onsite parking spaces
- Shadow-anchored by Wagner Square, which includes Grocery Outlet, Ross Dress for Less, Wilco Farm Store and the Redmond Cinema
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste D | 1,759 SF | 3-20 Years | $25.20 USD/SF/YR $2.10 USD/SF/MO $271.25 USD/m²/YR $22.60 USD/m²/MO $3,694 USD/MO $44,327 USD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste E | 2,142 SF | 3-20 Years | $28.20 USD/SF/YR $2.35 USD/SF/MO $303.54 USD/m²/YR $25.30 USD/m²/MO $5,034 USD/MO $60,404 USD/YR | Triple Net (NNN) |
1st Floor, Ste D
Open retail storefront with office and private restroom Suites D and E can be combined for 3,914 SF for a lease rate of $2.25/SF/Mo. NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,901 SF of adjacent space
- Restaurant/bar space
- Full kitchen with 18’ hood
- Two in-suite restrooms
1st Floor, Ste E
Restaurant/bar space with bar area, full kitchen with 18’ hood, walk-in cooler and two private restroom Suites D and E can be combined for 3,914 SF for a lease rate of $2.25/SF/Mo. NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,901 SF of adjacent space
- Restaurant/bar space
- Full kitchen with 18’ hood
- Two in-suite restrooms
- Walk-in cooler
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 2498 S Highway 97 , Redmond, OR 97756
| Property Type | Retail | Year Built | 1998 |
| Gross Leasable Area | 17,867 SF | Parking Ratio | 4.1/1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 17,867 SF |
| Year Built | 1998 |
| Parking Ratio | 4.1/1,000 SF |
About the Property
This property features great frontage and signage on US Highway 97 in Redmond, OR. The site has ample parking and great visibility from the road. Co-tenants include Bedmart Mattress Superstore, Aziz Crew Barber Shop, Connection Rio Brazilian Jiu-Jitsu, and Dog Gone Cute Grooming. The property is shadow anchored by Wagner Square, which includes tenants such as Grocery Outlet, Ross Dress for Less, Wilco Farm Store, and the Redmond Cinema.
Nearby Major Retailers
Contacts
-
Russell Huntamer -
Eli Harrison -
Jay Lyons -
Compass Commercial Real Estate Services
Presented by
Redmond Cascade Plaza | 2498 S Highway 97
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