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Stand-Alone Retail/Restaurant 515 SW Century Dr
1,625 SF of Retail Space Available in Bend, OR 97702
Highlights
- High visibility location
- Ideal for a full-service restaurant
- Traffic counts of 8,650 (AADT 2022) on SW Century
- Built-in clientele with the OSU-Cascades campus
- Includes two bathrooms, 400 amps of power and HVAC
- Traffic counts of 8,650 (AADT 2022) on SW Century
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,625 SF | 3-20 Years | $40.00 /SF/YR $3.33 /SF/MO $65,000 /YR $5,417 /MO | Triple Net (NNN) |
1st Floor
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.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Heating System
- Private Restrooms
- High visibility location
- Built-in clientele with the OSU-Cascades campus
- Ideal for a full-service restaurant
- Includes two bathrooms, 400 amps of power and HVAC
- Traffic counts of 8,650 (AADT 2022) on SW Century
- 11 onsite parking spaces plus street parking
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.
SITE PLAN
PROPERTY FACTS FOR 515 SW Century Dr , Bend, OR 97702
Property Type | Retail | Year Built | 2024 |
Property Subtype | Restaurant | Parking Ratio | 6.77/1,000 SF |
Gross Leasable Area | 1,625 SF | Construction Status | Under Construction |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 1,625 SF |
Year Built | 2024 |
Parking Ratio | 6.77/1,000 SF |
Construction Status | Under Construction |
About the Property
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.
- 24 Hour Access
Nearby Major Retailers
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Stand-Alone Retail/Restaurant | 515 SW Century Dr
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