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1445 Center Dr 9,170 SF of Retail Space Available in Medford, OR 97501
Sublease Highlights
- Freestanding Building
- High Traffic High Visibility
- Large Parking Lot
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 9,170 SF | 8’ - 15’ | Apr 2036 | $16.36 /SF/YR $1.36 /SF/MO $150,021 /YR $12,502 /MO | Triple Net (NNN) |
1st Floor
Large modern restaurant space with full kitchen, 2 massive fire suppression hoods, walk-in cooler, walk in freezer, employee break room, managers office, retail area, dining area, full lighting and sound controls.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Wi-Fi Connectivity
- Security System
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Emergency Lighting
- After Hours HVAC Available
- Finished Ceilings: 8’ - 15’
- Demised WC facilities
- Wheelchair Accessible
- High Visibility Loc with Full Restaurant Buildout
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 9,170 SF | Gross Leasable Area | 9,170 SF |
| Property Type | Retail | Year Built | 2018 |
| Property Subtype | Restaurant | Parking Ratio | 13.52/1,000 SF |
| Total Space Available | 9,170 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,170 SF |
| Year Built | 2018 |
| Parking Ratio | 13.52/1,000 SF |
About the Property
Fantastic opportunity to take over 2019 Year Built Class A restaurant space in the South Medford Center @ $150,000/YR . Adjacent to major franchises like: MOD pizza, Chipotle, Jersey Mike's, 5 Guys, Shell gas station. Subject property is a 9170 SQFT restaurant space with 120+ parking spaces, NO CAMS, Rivian charging station, floor drains, massive parking lot 7 Hotels within 1 mi Radius, high visibility and high traffic location, close to Lithia fields, walk in cooler and walk in freezer, 2 massive hoods with full fire suppression systems, wired up for POS systems, sound controls and lighting controls throughout. Large kitchen and prep areas, managers office, breakroom, security system in place, with full fire sprinkler system. Exact Lot size and tenants share of property taxes are TBD.
- Corner Lot
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Car Charging Station
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Contact
-
Adam Rutledge - eXp Realty, LLC
Presented by
eXp Realty, LLC
1445 Center Dr
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