2115 NE Wyatt Ct., Bend, OR 97701

$5,100,000
Property Type: Commercial Sale Square Footage: 15,491 Lot Size (sq. ft.): 48,352 Status: Closed
Current Price: $5,100,000 List Date: 2/18/2016 Last Modified: 2/10/2026

Overview

Description

* One master lease on the entire building * Net operating Income of $272,585 * Two tenants sublease from the anchor tenant * 3% Escalation in the rent * Ideally located in the medical district on the east side of Bend, close to the St. Charles Hospital

Listing Details MLS# 201601270

General Property Information

Building Area Total
15491
Building Area Source
Assessor
Year Built
1999
Zoning
RH
Tax Annual Amount
41710.24
Tax Year
2015
CC&R's YN
No
Sign On Property YN
Yes

Property Features

Construction Materials: Frame Cooling: Central Air Flooring: Carpet; Laminate Foundation Details: Stemwall Heating: Forced Air Roof: Composition Business Type (AKA Sub Type): Medical; Professional/Office Parking Features: Asphalt; Parking Lot Sewer: Public Sewer Water Source: Public Listing Terms: Cash

Location Tax and Legal

Street Number
2115
Street Dir Prefix
NE
Street Name
Wyatt Ct.
County
Deschutes
State
OR
Postal Code
97701
Subdivision Name
Woodlands @ Deschute

Contract Information

Original List Price
5500000
Listing Contract Date
2016-01-14

Remarks and Miscellaneous

Public Remarks
* One master lease on the entire building * Net operating Income of $272,585 * Two tenants sublease from the anchor tenant * 3% Escalation in the rent * Ideally located in the medical district on the east side of Bend, close to the St. Charles Hospital

Status Change Information

Close Date
2016-09-14
Under Contract Date
2016-08-01
Status Change Timestamp
2016-09-15
Close Price
5100000
Sold Price per SqFt
329.2234

More Information

Currently Not Used

List Price per SqFt
355.0448

Unit 2

Unit #
Therapy Works

Unit 3

Unit #
Cascade Internal Medicine

Income and Expenses (Annual Amounts)

Cap Rate %
4.96
Estimated Gross Operating Income $
292787
Net Operating Income
272585

Miscellaneous Information

Backup Package Available
No
Confidentiality/Non-Disclosure Agreement
No

Parking Details

Parking
Yes
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.