20505 Robal Road, Bend, OR 97701
$2,600,000
Property Type:
Commercial Sale
Square Footage:
15,000
Lot Size (sq. ft.):
57,064
Status:
Closed
Current Price:
$2,600,000
List Date:
8/15/2018
Last Modified:
2/10/2026
Overview
Description
Listing Details MLS# 201805638
General Property Information
- Building Area Total
- 15000
- Building Area Source
- Assessor
- Year Built
- 2004
- New Construction YN
- No
- Building Permit Issued YN
- No
- Zoning
- IL
- Tax Annual Amount
- 12576.55
- Tax Year
- 2017
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- Deschutes County Title
- Sign On Property YN
- No
Property Features
Cooling:
Central Air; Heat Pump
Flooring:
Concrete
Foundation Details:
Stemwall
Heating:
Heat Pump; Natural Gas
Levels:
One
Roof:
Metal
Existing Lease Type:
NNN
Business Type (AKA Sub Type):
Income/Investment; Other
Owner Pays:
Repairs
Tenant Pays:
Common Area Maintenance; Electricity; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Water
Lot Features:
Landscaped
Miscellaneous Information:
Overhead/Dock Doors
Parking Features:
Asphalt; Parking Lot
Special Assessments:
None
View:
Cascade Mountains
Sewer:
Public Sewer
Water Source:
Public
Listing Terms:
Cash
Location Tax and Legal
- Street Number
- 20505
- Street Name
- Robal
- Street Suffix
- Road
- County
- Deschutes
- State
- OR
- Postal Code
- 97701
- Subdivision Name
- North
Contract Information
- Original List Price
- 3209000
- Listing Contract Date
- 2018-06-01
Remarks and Miscellaneous
- Public Remarks
- The investment offering is a fully leased 15,000 square foot commercial building anchored with Lumber Liquidators(NASDAQ: LL) which is a multi-channel specialty retailer of hardwood flooring and enhancements. In addition, the property houses two regional tenants, Battery Systems Inc., and Color Tile Supply. Located near the demographic center of Deschutes County and on the busiest commercial highway in Central Oregon, the property has wide exposure with easy access to Sisters, Redmond, and points south.
Status Change Information
- Close Date
- 2018-10-16
- Under Contract Date
- 2018-08-22
- Status Change Timestamp
- 2018-10-17
- Close Price
- 2600000
- Sold Price per SqFt
- 173.3333
More Information
Currently Not Used
- List Price per SqFt
- 213.9333
Unit 1
- Tenant Name
- Northwest Tile Supply
- Rent Escalators
- Yes
- Option to Extend
- Yes
Unit 2
- Tenant Name
- Lumber Liquidators
- Rent Escalators
- Yes
- Option to Extend
- Yes
Unit 3
- Tenant Name
- Battery Systems
- Rent Escalators
- Yes
- Option to Extend
- Yes
Income and Expenses (Annual Amounts)
- Cap Rate %
- 5.15
- Estimated Gross Operating Income $
- 201372
- Estimated Total Expenses
- 35971
- Management Expenses
- 6588
- Net Operating Income
- 165401
- Vacancy %
- 5
Miscellaneous Information
- # Overhead/Dock Doors
- 5
- Backup Package Available
- Yes
- Confidentiality/Non-Disclosure Agreement
- No
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 31
Listing Office:
Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.