Cascade Village Shopping Center

63455 N Hwy 97, Bend, Oregon

SPACES AVAILABLE:

VS—40 — 2,614 SF
VS—80 — 965 SF
VS—120 — 1,0775 SF
VS—265 — 805 SF
VS—310 — 2,058 SF
Phase II Now Leasing!

Cascade Village Brochure Cascade Village Site Plan

Property Overview

Cascade Village is a 367,856 square foot open-air shopping center situated at the gateway to Bend, Oregon at the confluence of Highway 97 (44,981 VPD, 2021) & Highway 20 (21,509 VPD, 2021) at the north end of Bend.

The center is located at the bull’s-eye of the estimated 265,000 person trade area which includes Bend, Redmond, and Sisters. These three markets come together at the confluence of Highways 97 & 20, at this vibrant retail core at the north end of Bend known as the “Golden Triangle” with annual retail sales of approximately $275 million, making the area the primary retail hub for these markets.

The center differentiates itself with its selection and quality of category-leading anchors, including Trader Joe’s, Best Buy, Ross Dress for Less, Dick’s Sporting Goods, PetSmart, Scandinavian Designs, and Cost Plus World Market. The center also features a charming and well-configured collection of buildings with a beautiful village plaza at its core. The Village Plaza is Cascade Village’s social gathering place for families and friends, featuring a custom water/fire display, and hosts numerous events throughout the year beneath the center’s iconic stone clock tower.

Trade Area Overview

Bend is the county seat of Deschutes County and the seventh largest city in the state. Bend’s 2022 population is 104,530, a 35.7% increase since 2010. Healthcare has a large employment base in Bend, with St. Charles Medical Center (3,527 employees) and Summit Medical Group (612 employees) comprising the majority of the industry. This helps to serve not only the established retiree population in Bend, but the influx of new residents, who are helping to diversify the economy.

Bend has been racing to meet the area’s growing educational demands. Oregon State University’s Cascades Campus, which opened the region’s first four-year university in 2016, currently has 1,374 enrolled students and is growing to 3,000-5,000 students with 442 employees, while Central Oregon Community College (COCC) has been steadily increasing its capacity over the past decade and now serves nearly 4,000 full-time students. COCC is Bend’s fifth largest employer with 653 employees.

Countless outdoor activities attract the 4.5 million visitors who travel to Central Oregon annually, contributing $875 million to the regional economy. The Redmond Airport (RDM), located 15 miles northeast of downtown Bend, is Oregon’s third busiest airport, serving 1,048,863 passengers in 2022. The airport offers daily direct service to Seattle, San Francisco, Los Angeles, Burbank, Denver, Salt Lake City, Las Vegas, Phoenix, and Palm Springs via five airlines.

Demographics

 
     
         
         5 Miles
         20 Min
         Trade Area
     

         2023 Population:
         91,307
         153,284
         263,674
     

         2028 Projected Pop:
         98,025
         162,904
         279,786
     

         ’23-’28 Growth/Yr:
         1.43%
         1.22%
         1.19%
     

         Avg Household Income:
         $127,014
         $121,731
         $103,202
     

         % Pop Bachelor's Deg +:
         49.2%
         44.1%
         34.7%
     

         Avg Home Value:
         $691,657
         $653,400
         $503,202
     

         # Businesses:
         6,027
         8,039
         11,804
     

         Daytime Population: Workers
         63,396
         81,627
         123,176
     