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90 SE Bridgeford Boulevard, Bend, OR 97702

$2,624,000
Property Type: Commercial Sale Square Footage: 11,000 Lot Size (sq. ft.): 22,651 Status: Closed
Current Price: $2,624,000 List Date: 9/01/2025 Last Modified: 2/10/2026

Description

Investor opportunity. Fully occupied sale/leaseback. 5.8% cap rate with annual increases. Long term single tenant NNN lease with ServPro of Bend, a solid franchise locally owned and operated disaster restoration company. Thriving business largely recession proof. Well constructed and laid out masonry industrial building. Ground floor features 6 heated bays with overhead doors, and bathrooms. All overhead gas heaters and thermostats replaced in 2023. Fully upgraded LED lighting throughout. Approximately 2,000 sf of second floor office. Complete new roof in 2023. Good parking and access. Small fenced storage yard.

Supplements: ********

More Information MLS# 220208566

Location, Tax, and Legal

Cross Street: Textron Section: SE Parcel Number: 161881 Tax Map Number: 181204A Tax Lot: 04102 Tax Block: A Lot Size Acres: 0.52 Lot Size Square Feet: 22651 Additional Parcels YN: No

Contract Information

Dual Listing YN: No Original List Price: 2652000 Current Price: $2,624,000 Status: Closed Sold Price: $2,624,000 Listing Contract Date: 2025-09-01

Currently Not Used

List Price per SqFt: 241.09

General Property Information

Building Area Total: 11000 Building Area Source: Assessor Building Area Units: Square Feet # of Units Total: 1 New Construction YN: No Zoning: IG Tax Annual Amount: 13670.58 Tax Year: 2024 Potential Tax Liability YN: No Assessment YN: No CC&R's YN: Yes Preferred Escrow Company & Officer: First American FIRPTA YN: No Sign On Property YN: No Year Built: 1995

Remarks and Miscellaneous

Public Remarks: Investor opportunity. Fully occupied sale/leaseback. 5.8% cap rate with annual increases. Long term single tenant NNN lease with ServPro of Bend, a solid franchise locally owned and operated disaster restoration company. Thriving business largely recession proof. Well constructed and laid out masonry industrial building. Ground floor features 6 heated bays with overhead doors, and bathrooms. All overhead gas heaters and thermostats replaced in 2023. Fully upgraded LED lighting throughout. Approximately 2,000 sf of second floor office. Complete new roof in 2023. Good parking and access. Small fenced storage yard.

Status Change Information

Sold Price per SqFt: 238.55 Close Date: 2025-11-12 Under Contract Date: 2025-10-01 Status Change Timestamp: 2025-11-13 Close Price: 2624000

Additional Features

Bath Common Area: 1 Common Area: 1 Kitchen: 1 Separate Electric Meters: 1 Separate Gas Meters: 1

Common Walls

2+ Common Walls: 1

Cooling

Central Air: 1 Zoned: 1

Easements

Other: 1

Construction Materials

Block: 1 Frame: 1

Miscellaneous Information

Overhead/Dock Doors: 1 # of Grade Level Doors: 6 # Overhead/Dock Doors: 7 Backup Package Available: Yes

Flooring

Carpet: 1 Concrete: 1

Listing Terms

Cash: 1 Conventional: 1

Foundation Details

Slab: 1

Flood

Unknown: 1

Heating

Electric: 1 Forced Air: 1 Zoned: 1 Other: 1

Interior Features

High Speed Internet: 1

Levels

Two: 1

Lot Features

Landscaped: 1 Level: 1

Roof

Composition: 1

Security Features

Security System Owned: 1 Smoke Detector(s): 1

Other Structures

Shed(s): 1

Road Surface Type

Paved: 1

Structure Type

Industrial: 1

View

Cascade Mountains: 1

Existing Lease Type

NNN: 1

Business Details

Business Included?: No

Owner Pays

Other: 1

Tenant Pays

Common Area Maintenance: 1 Electricity: 1 Exterior Maintenance: 1 Gas: 1 Insurance: 1 Interior Maintenance: 1 Janitorial Service: 1 Repairs: 1 Sewer: 1 Taxes: 1 Water: 1

Parking Features

Asphalt: 1 On Street: 1 Parking Lot: 1

Power Production

None: 1

Sewer

Public Sewer: 1

Utilities

Electricity Connected: 1 Natural Gas Connected: 1

Water Source

Public: 1

Parking Details

Parking: Yes # of Parking Spaces: 17

Documents on File

APOD: 1 Environment Report: 1

Special Listing Conditions

Standard: 1

Location Tax and Legal

Street Number: 90 Street Dir Prefix: SE Street Name: Bridgeford Street Suffix: Boulevard County: Deschutes State: OR Postal Code: 97702

Property Features

Additional Features: Bath Common Area; Common Area; Kitchen; Separate Electric Meters; Separate Gas Meters Common Walls: 2+ Common Walls Construction Materials: Block; Frame Cooling: Central Air; Zoned Flooring: Carpet; Concrete Foundation Details: Slab Heating: Electric; Forced Air; Zoned; Other Interior Features: High Speed Internet Levels: Two Roof: Composition Security Features: Security System Owned; Smoke Detector(s) Existing Lease Type: NNN Owner Pays: Other Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Janitorial Service; Repairs; Sewer; Taxes; Water Easements: Other Flood: Unknown Utilities: Electricity Connected; Natural Gas Connected Lot Features: Landscaped; Level Miscellaneous Information: Overhead/Dock Doors Other Structures: Shed(s) Parking Features: Asphalt; On Street; Parking Lot Road Surface Type: Paved Structure Type: Industrial View: Cascade Mountains Power Production: None Sewer: Public Sewer Water Source: Public Documents on File: APOD; Environment Report Listing Terms: Cash; Conventional Special Listing Conditions: Standard
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.