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Display Rental Rate as
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,625 SF | 3-20 Years | $40.00 /SF/YR $3.33 /SF/MO $430.56 /m²/YR $35.88 /m²/MO $5,417 /MO $65,000 /YR | Triple Net (NNN) |
High visibility location with traffic counts of 8,650 (AADT 2022) on SW Century Drive. The space features built-in clientele with the OSU-Cascades campus next door and a new 129 unit apartment complex adjacent to the available space. The location would be ideal for a full-service restaurant in need of design flexibility. The shell delivery includes two bathrooms, 400 amps of power and HVAC. The space is also located on Century Drive, the main artery that provides access to Mt. Bachelor and Cascade Lakes Scenic Highway.
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.
Total Space Available | 1,625 SF | Gross Leasable Area | 1,625 SF |
Property Type | Retail | Year Built | 2025 |
Property Subtype | Restaurant | Parking Ratio | 6.77/1,000 SF |
Total Space Available | 1,625 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 1,625 SF |
Year Built | 2025 |
Parking Ratio | 6.77/1,000 SF |
High visibility location with traffic counts of 8,650 (AADT 2022) on SW Century Drive. The space features built-in clientele with the OSU-Cascades campus next door and a new 129 unit apartment complex adjacent to the available space. The location would be ideal for a full-service restaurant in need of design flexibility. The shell delivery includes two bathrooms, 400 amps of power and HVAC. The space is also located on Century Drive, the main artery that provides access to Mt. Bachelor and Cascade Lakes Scenic Highway.
COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
---|---|---|---|---|
SW Century Dr | SW Donovan Ave, S | 7,869 | 2022 | 0.02 mi |
SW Century Dr | SW Donovan Ave, NE | 8,648 | 2022 | 0.15 mi |
SW Chandler Ave | SW Colorado Ave, SE | 2,363 | 2022 | 0.15 mi |
SW Colorado Ave | SW Chandler Ave, W | 7,808 | 2022 | 0.16 mi |
SW Century Dr | SW Simpson Ave, N | 8,774 | 2022 | 0.20 mi |
SE Reed Market Rd | SW Reed Market Rd, SW | 10,171 | 2022 | 0.26 mi |
SW Simpson Avenue | SW 14th St, E | 6,946 | 2022 | 0.26 mi |
SW Simpson Avenue | SW Century Dr, W | 9,933 | 2022 | 0.26 mi |
SW Colorado Ave | SW Disk Dr, E | 6,121 | 2022 | 0.28 mi |
SW Simpson Ave | SW Century Dr, W | 9,417 | 2022 | 0.28 mi |