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121 NE 3rd St
Prineville, OR 97754

$1,250,000 USD

Restaurant For Sale  •  5,800 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,800 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 1991
  • Cap Rate 7.50 %
  • Zoning C1
30 Transit Score
60 Walk Score

Highlights

100% Leased NNN Investment
Established Tenant operating successfully in Prineville for over 10 years
High-Visibility Downtown Location surrounded by retail, lodging, and local businesses
Growing Central Oregon Market
Passive Investment with minimal landlord responsibilities under the NNN lease
Impressive 7.5% CAP Rate

Property Flyers

Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Crossroads

Amenities

  • Restaurant

Public Transportation

AirportDriveWalkDistance
Roberts Field 24 min - 19.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Dinah Green 503-689-4498 Green Tree Commercial Real Estate
Dinah Green 503-689-4498 Green Tree Commercial Real Estate