Address
583 Ne Bellevue Drive, Bend, OR
Price
$ 2,295,000
Property Attributes
- MLS#220227852
- TypeCommercial
- Listing Status Active
- CountyDeschutes
- CityBend
- AreaNE
- Zip97701
- Style
- Year Built1997
- Taxes$ 18171
- Price$ 2,295,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2614
- Lot Size0.59 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
This corporate-guaranteed Starbucks investment opportunity is located at 583 NE Bellevue Dr in Bend, Oregon, at the signalized intersection of Highway 20 and NE 27th Street. Starbucks has operated at this location since 2004. The property includes a 2,614 SF freestanding drive-through building on 0.59 acres, with 19 parking spaces and General Commercial (CG) zoning. Built in 1997, the property is leased to Starbucks Corporation under a modified NNN lease with limited landlord responsibilities. The current lease term runs through May 31, 2029, with four additional five-year renewal options that could extend occupancy through May 31, 2049.
| Price History | |
|---|---|
| 8/28/2026 | Listed $2,295,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Zoned |
| Cooling | Central Air |
| Roof | Membrane |
| Year Built | 1997 |
| Levels | One |
| Tax Year | 2025 |
| County | Deschutes |
| Net Operating Income | 109257 |
| New Construction | false |
| Property Type | Commercial Sale |
| Attached Garage | false |
| Status | Active |
| City | Bend |
| Zoning Description | CG |
| Number Of Units Total | 1 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 25700.4 |
| Tax Annual Amount | 18171.81 |
| Additional Parcels Y/N | false |
| Structure Type | Retail |
| Standard Status | Active |
| Cap Rate | 4.76 |
| Sewer_co_Public_sp_Sewer | true |
| Utilities_co_Electricity_sp_Available | true |
| Utilities_co_Natural_sp_Gas_sp_Available | true |
Interior Features
| Flooring | Laminate |
|---|---|
| Common Walls | No Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Heating-Forced Air | true |
Exterior Features
| Parking Features | Asphalt |
|---|---|
| Lot Features | Corner Lot,Landscaped,Sprinkler Timer(s),Sprinklers In Front |
| Water Source | Public |
| Lot Size Area | 0.59 |
| Foundation Details | Slab |
| Building Area Total | 2614 |
| Lot Size Acres | 0.59 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 97701
Price
Taxes
Year Built
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Mariposa Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 21, 2026 4:31 PM UTC Some properties which appear for sale on this website may subsequently have sold or may
