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The Forum Shopping Center 2600-2650 NE Highway 20
2,872 SF of Retail Space Available in Bend, OR 97701
Highlights
- High traffic counts: 19,150 cars/day on 27th St. and 18,500 cars/day on Highway 20
- Major shopping center for the east side of Bend
- Area of growth with new Walgreen’s to the East of the Forum
- Located within a wide array of successful large national retailers
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 220 | 2,872 SF | 3-20 Years | $33.00 USD/SF/YR $2.75 USD/SF/MO $355.21 USD/m²/YR $29.60 USD/m²/MO $7,898 USD/MO $94,776 USD/YR | Triple Net (NNN) |
2620 NE Us-20 Hwy - 1st Floor - Ste 220
High Visibility, center in-line space available. Rent is $2.75/SF/Month. NNN/CAMS estimated to be $0.78 Per/SF/Mo.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Visible from US Hwy 20, with 20,885 cars per day
- Large windows provide great natural light
- Prominent signage available
- Anchored by Costco, Wholefoods, and Safeway
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.
SELECT TENANTS AT The Forum Shopping Center
- Barnes & Noble Booksellers, Inc.
- Big Lots
- Costco Wholesale Corp
- Old Navy
- Safeway
- Whole Foods - Pacific Northwest
PROPERTY FACTS FOR 2600-2650 NE Highway 20 , Bend, OR 97701
| Center Type | Power Center | Gross Leasable Area | 384,558 SF |
| Parking | 14,243 Spaces | Total Land Area | 48.96 AC |
| Stores | 13 | Year Built | 1994 |
| Center Properties | 12 | Cross Streets | SWC SE 27th St & NE Hwy 20 |
| Center Type | Power Center |
| Parking | 14,243 Spaces |
| Stores | 13 |
| Center Properties | 12 |
| Gross Leasable Area | 384,558 SF |
| Total Land Area | 48.96 AC |
| Year Built | 1994 |
| Cross Streets | SWC SE 27th St & NE Hwy 20 |
About the Property
The Forum is one of the busiest shopping Centers in Central Oregon. It includes over 401,000 square feet of retail space with national retailers including Costco, Safeway, Whole Foods, OfficeMax, Barnes & Noble Booksellers, Big Lots, McDonalds, Old Navy, Jamba Juice, T-Mobile, First Interstate Bank, Sleep Number, Sherwin Williams, and Pet Supplies Plus. There are also many smaller retailers and great restaurants including Hola and Baldy’s Barbeque. The available spaces have great visibility and signage. There are over 109,185 people within 5 miles. The Forum is also a regional center and draws from a much larger trade area of approximately 300,000 people. The Forum Shopping Center is located on the Northwest corner of US Highway 20 East and 27th Street. 27th Street is a main North/South arterial for the east side of Bend. Located close to the regional hospital.
Nearby Major Retailers
Contacts
-
Russell Huntamer -
Peter May -
Eli Harrison -
Compass Commercial Real Estate Services
Presented by
The Forum Shopping Center | 2600-2650 NE Highway 20
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