1341 Center Drive

    Medford, OR 97501
    • $6,330,000
    • STATUS: Active
    • ON SITE: 156 days
    • ID#: 2984413
    UPDATED: 60 min ago
    $6,330,000
    • 0
      BEDS
    • 4.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 50,525
      SQFT
    • $125
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1994
    County:

    School Ratings & Info

    Listing courtesy of Coldwell Banker Commercial Nw

    Description

    Highly successful Tenant Roster with Charter Communications, Planet Fitness and Harbor Freight Located near the South Medford Interstate 5 interchange Secure cash flow due to all three tenants being national credit tenants with existing contract and renewal rents at or below market rates Strong tenant demand demonstrated by new retail development being built nearby Healthy occupancy cost ratios due to low NNN expenses ($1.77/sf/annum) increasing the financial stability of the property Opportunity to acquire a highly successful investment below the property's estimated replacement cost Excellent on-site parking with cross easements of adjacent retailers parking 6.5% Capitalization Rate return on the investment

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    © 2018 Southern Oregon Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rocket Home Finder. Data last updated: 2018-05-24T22:07:49.277.
    www.rockethomefinder.com/homes/79468301

    1341 Center Drive Medford, OR 97501

    • Price: $6,330,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 2984413
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.26
    Acres
    50,525
    SQFT
    $125
    $/SQFT
    1994
    Built
    Neighborhood:
    Southwest Medford
    County:
    Jackson
    Area:
    Southwest Medford
    Property Description
    Highly successful Tenant Roster with Charter Communications, Planet Fitness and Harbor Freight Located near the South Medford Interstate 5 interchange Secure cash flow due to all three tenants being national credit tenants with existing contract and renewal rents at or below market rates Strong tenant demand demonstrated by new retail development being built nearby Healthy occupancy cost ratios due to low NNN expenses ($1.77/sf/annum) increasing the financial stability of the property Opportunity to acquire a highly successful investment below the property's estimated replacement cost Excellent on-site parking with cross easements of adjacent retailers parking 6.5% Capitalization Rate return on the investment
    Exterior Features

    Construction BlockFrame Exterior Concrete BlockMetal Fence Partial Parking Spaces 0 Roof Metal

    Interior Features

    Heat Type Forced Air

    Property Features

    Additional Features 3 Phase ElectricLoading DockAda ComplyOh DoorsBus ServiceUtilities Sep MeterDedicated CircuitWheelchair AccessHandicapped FeaturesSee Remarks Association Southern Oregon Multiple Listing Service Commercial Type Commercial Household Water Available Public Lot Measurement Acres Lot Size Source (Assessor) Real Property Included Yes Sewer Public (City) Square Footage Source Seller Type Of Property Retail Utilities Available Cable AvailableNatural Gas AvailableElectricity AvailableTelephone Year Remodeled 0 Zoning C-R

    © 2018 Southern Oregon Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rocket Home Finder. Data last updated: 2018-05-24T22:07:49.277.
     
    Rocket Home Finder
    3539 Heathrow Way, Suite 200
    Medford OR, 97504
    Listing courtesy of Coldwell Banker Commercial Nw