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South Bend Bank Branch 61379 S Hwy 97 4,394 SF of Retail Space Available in Bend, OR 97702
HIGHLIGHTS
- Located on the high visibility lighted intersection of S Hwy 97 and Powers Rd
- Prominent building signage
- Traffic counts of almost 9,000 AADT on Powers Rd and 20,000 AADT on S Hwy 97 (3rd Street)
- Six private offices, conference room, open space, breakroom, restrooms, copier room, and a vault
- Ideal for a bank or pharmacy
- Great access to Hwy 97/Bend Parkway
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,394 SF | 1-20 Years | $33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $12,084 /MO $145,002 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Central Air Conditioning
- Kitchen
- Private Restrooms
- Drive Thru
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
| Total Space Available | 4,394 SF | Gross Leasable Area | 4,394 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Bank | Parking Ratio | 4.32/1,000 SF |
| Total Space Available | 4,394 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 4,394 SF |
| Year Built | 2008 |
| Parking Ratio | 4.32/1,000 SF |
ABOUT THE PROPERTY
This exceptional retail/bank building is strategically positioned at the bustling intersection of S Hwy 97 and Powers Rd. Boasting high visibility with prominent signage opportunities, this stand-alone property is primed for success. Spanning 4,394 square feet, this versatile space features six private offices, a conference room, open areas for dynamic use, a breakroom, restrooms, copier room, and a secure vault, offering unparalleled convenience and functionality. With traffic counts nearing 9,000 AADT on Powers Rd and 20,000 AADT on S Hwy 97 (3rd Street), the location ensures a steady flow of potential customers. Additionally, easy access to Hwy 97/Bend Parkway enhances accessibility for patrons. Ideal for a bank or pharmacy, the property presents an opportunity for businesses to thrive in a highly sought-after locale. Ample onsite parking further enhances convenience for both employees and clientele. Don't miss the chance to establish your business in this prime location, where visibility, accessibility, and functionality converge to create an unparalleled opportunity for success.
- Signage
- Drive Thru
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Powers Rd | 3rd St, E | 8,959 | 2022 | 0.02 mi |
| 3rd St | Powers Rd, NE | 19,791 | 2022 | 0.03 mi |
| Powers Road | 3rd St, E | 8,823 | 2020 | 0.03 mi |
| 3rd St | Powers Rd, SW | 19,054 | 2022 | 0.06 mi |
| Powers Rd | 3rd St, W | 2,077 | 2022 | 0.07 mi |
| Powers Road | Hwy 97, W | 8,974 | 2020 | 0.08 mi |
| Powers Rd | US Hwy 97, W | 8,480 | 2020 | 0.08 mi |
| Powers Rd | Hwy 97, W | 8,802 | 2022 | 0.08 mi |
| Bend Pkwy | US Hwy 97, NE | 390 | 2020 | 0.11 mi |
| Bend Pkwy | Hwy 97, NE | 439 | 2022 | 0.11 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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61379 S Hwy 97-21
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61379 S Hwy 97 Zoom Map
Bend Reed OMD to Knott