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

Overview

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.

Listing Details MLS# 220208566

General Property Information

Building Area Total
11000
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
Yes
Year Built
1995
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

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

Location Tax and Legal

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

Contract Information

Original List Price
2652000
Listing Contract Date
2025-09-01
Dual Listing YN
No

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

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

More Information

Currently Not Used

List Price per SqFt
241.09

Business Details

Business Included?
No

Miscellaneous Information

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

Parking Details

Parking
Yes
# of Parking Spaces
17
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.