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2000 Biddle Rd
Medford, OR 97504
Retail Property For Sale
EXECUTIVE SUMMARY
Single tenant net leased property. Tenant is Elmer's franchisee, who has six Elmer's in Oregon. Base rent is adjusted upwards 6% every 2 years. Also has percentage rent. Base rent is currently $143,447.76
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,913 SF
Building Class
C
Year Built
1978
Price
$3,041,090
Price Per SF
$514.31
Cap Rate
4.72%
NOI
$143,448
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.99 AC
Zoning
C-R
Parking
77 Spaces (13.02 Spaces per 1,000 SF Leased)
Frontage
201’ on Biddle Road
ABOUT 2000 BIDDLE RD , MEDFORD, OR 97504
Single tenant net leased property. Tenant is Elmer's franchisee, who has six Elmer's in Oregon. Base rent is adjusted upwards 6% every 2 years. Also has percentage rent. Base rent is currently $143,447.76.
PROPERTY TAXES
| Parcel Number | 10600221 | Improvements Assessment | $782,780 |
| Land Assessment | $582,210 | Total Assessment | $1,364,990 |
PROPERTY TAXES
Parcel Number
10600221
Land Assessment
$582,210
Improvements Assessment
$782,780
Total Assessment
$1,364,990
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