153 SW 5th Street is an impressive office building, spanning 4,138 square feet on a 0.35-acre lot. It stands as a cornerstone of stability in Downtown Redmond. Situated at the signalized intersection of 5th Street and Black Butte Boulevard, this property enjoys unparalleled visibility and accessibility.
Fully leased to two esteemed tenants, Edward Jones and Western Title and Escrow, both on triple net leases, this building combines ease of management with the assurance of consistent and reliable returns, boasting a commendable 5.23% cap rate. Its prime location within this thriving community, paired with the quality of its tenants and the stability of its leases, positions this investment as a coveted asset in the burgeoning commercial landscape of Central Oregon. Don't miss this chance to acquire a solid, income-generating property in a dynamic and growing locale.
