For Lease
$0-$32 /SF/YR

63455 Highway 97 Bend, OR 97703

Bend, OR Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
Cascade Village Shopping Center, located in Bend, Oregon, offers a prime retail opportunity within a thriving 367,856 square foot open-air center. Situated at the intersection of Highways 97 and 20, this high-traffic location boasts an impressive 265,000-person trade area encompassing Bend, Redmond, and Sisters. The center enjoys exceptional visibility and accessibility, benefiting from high daily vehicle counts on both highways (44,981 VPD on Hwy 97 and 21,509 VPD on Hwy 20 in 2021). Annual retail sales in this "Golden Triangle" area reach approximately $275 million, solidifying its position as a major retail hub. The center features a diverse mix of established national anchors including Trader Joe's, Best Buy, Ross Dress for Less, Dick's Sporting Goods, PetSmart, Scandinavian Designs, and Cost-Plus World Market. Multiple spaces are available, ranging from 805 to 10,775 square feet, offering flexibility for various retail concepts. A total of 17,217 square feet is currently vacant. The center's attractive design includes a charming village plaza with a water/fire display, serving as a community gathering space and hosting numerous events throughout the year. This unique setting, combined with its strong tenant mix and strategic location, presents a compelling investment opportunity in a dynamic market. The property is located at 63455 N Hwy 97, Bend, OR 97703, in Deschutes County.

Highlights

  • Ample parking: 1,612 shared spaces (4.38 per 1,000 square feet).
  • High-visibility location at the intersection of Highways 97 and 20.
  • Convenient access via signalized intersections from Highways 97 and 20 to Robal Road.

Property Details for 63455 Highway 97

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
367,856 SF

Unit(s) available at that property

Space
VS-120
Size
10,775 SF
Rate per SF
$32
Space
VS-40
Size
2,614 SF
Space
VS-310
Size
2,058 SF
Rate per SF
$24
Space
VS-80
Size
965 SF
Space
VS 265
Size
805 SF

Location Insight

City
Bend
County
Deschutes
State
Oregon

FAQs

What type of property is this?
Retail property - Bend, OR Retail Opportunity
Where is the retail property located?
The property is located at 63455 Highway 97 Bend, OR.
What is the lease rate?
The lease rate is $0-$32 /SF/YR.
What are key features of this property?
This property features: Ample parking: 1,612 shared spaces (4.38 per 1,000 square feet).; High-visibility location at the intersection of Highways 97 and 20.; Convenient access via signalized intersections from Highways 97 and 20 to Robal Road.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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63455 Highway 97
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