1001 SW 1st Street has a single tenant on a NNN lease in 20,231 SF on 1.89 acres. Offering a 6.47% Cap Rate and $190,956 NOI Annually. The current tenant has been at the same location for over 12 years. Construction is pre-engineered steel building with a metal roof on approximately one-half of the building with open work spaces and separate offices. The entire facility is sprinkled with a fully charged dry style fire suppression system. The lighting was updated with energy trust of Oregon to LED office lighting and duel essence LED T-8 Universal low Voltage light in the warehouse area. There are several grade level roll up doors and multiple restrooms. Property also features a large paved parking lot. Call to schedule a tour.
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Listing courtesy of Coldwell Banker Commercial Realty, agent Bill Pon
Data last updated July 12, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
This home is listed at $2,950,000 — 439.6% above the Redmond median. See full Redmond market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $2,360,000 · $590,000 down · 30 year term
ListPrice: 3200000.00 → 2950000.00
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