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3755 Crater Lake Hwy 8,015 SF of Retail Space Available in Medford, OR 97504
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 | 8,015 SF | 16’6” | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $144,270 /YR $12,023 /MO | Triple Net (NNN) |
1st Floor
Merit Commercial Real Estate is pleased to exclusively present 3755 Crater Lake Highway, a flex industrial building located in Medford, Oregon (the "Subject"). The Subject is situated on a 0.89 acre parcel off of Crater Lake Highway, a high-traffic arterial within the Rogue Valley, and features ±85' of prominent and direct highway frontage with a large two-sided monument sign. As a newer building, the infrastructure is ideal. This is a fully fire sprinkled CMU and steel-frame building with a standing seam metal roof, all on a slab foundation, providing the ideal structure for long-term, low-maintenance use. As a former auto parts store, the interior layout is divided into a publicly accessible sales floor and large back of house warehouse, and two usable levels. The first floor encompasses the ±8,015 SF envelope of the building and currently features an open sales floor, 3 private offices, a storage/mechanical room, and two private restrooms. Easily accessible from the sales floor, the first level also includes a substantial industrial metal-framed shelving system and a designated loading area with one 10'w x 12'h grade-level drive-in overhead door. The second floor is a mix of approx. 893 SF of finished space (break room, offices), and well over 2,000 SF of a large shelving-supported catwalk mezzanine, effectively doubling the inventory storage capacity. Built as a semi-permanent racking system, the second level is accessed via one of three metal staircases and provides easy flow to 9 more rows of racking, a large break room with kitchenette, and two offices. Outside, the Subject enjoys fully paved surfaces, with a front parking lot providing ±12 customer spaces and a large rear lot with room for ±20 vehicles. Additionally, there is a fully fenced gravel yard to the far west of the Subject lot, which is currently leased to a towing company. Additional lease details available upon request. The surrounding area is a proven commercial corridor with established retail, office, and industrial properties, including the prominent Crater Lake Plaza shopping center, various small-scale professional offices, automotive dealerships, and general industrial warehouses. The opportunity at 3755 Crater Lake Highway is clear for prospective buyers. The Subject is a well maintained flex industrial building on a high-traffic roadway with a layout suitable for a wide variety of prospective users. Buyer is responsible for any and all due diligence. Contact the listing brokers today for more information and a private tour.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Finished Ceilings: 16’6”
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 | 8,015 SF | Gross Leasable Area | 8,908 SF |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Freestanding | Parking Ratio | 3.59/1,000 SF |
| Total Space Available | 8,015 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,908 SF |
| Year Built | 2004 |
| Parking Ratio | 3.59/1,000 SF |
About the Property
Merit Commercial Real Estate is pleased to exclusively present 3755 Crater Lake Highway, a flex industrial building located in Medford, Oregon (the "Subject"). The Subject is situated on a 0.89 acre parcel off of Crater Lake Highway, a high-traffic arterial within the Rogue Valley, and features ±85' of prominent and direct highway frontage with a large two-sided monument sign. As a newer building, the infrastructure is ideal. This is a fully fire sprinkled CMU and steel-frame building with a standing seam metal roof, all on a slab foundation, providing the ideal structure for long-term, low-maintenance use. As a former auto parts store, the interior layout is divided into a publicly accessible sales floor and large back of house warehouse, and two usable levels. The first floor encompasses the ±8,015 SF envelope of the building and currently features an open sales floor, 3 private offices, a storage/mechanical room, and two private restrooms. Easily accessible from the sales floor, the first level also includes a substantial industrial metal-framed shelving system and a designated loading area with one 10'w x 12'h grade-level drive-in overhead door. The second floor is a mix of approx. 893 SF of finished space (break room, offices), and well over 2,000 SF of a large shelving-supported catwalk mezzanine, effectively doubling the inventory storage capacity. Built as a semi-permanent racking system, the second level is accessed via one of three metal staircases and provides easy flow to 9 more rows of racking, a large break room with kitchenette, and two offices. Outside, the Subject enjoys fully paved surfaces, with a front parking lot providing ±12 customer spaces and a large rear lot with room for ±20 vehicles. Additionally, there is a fully fenced gravel yard to the far west of the Subject lot, which is currently leased to a towing company. Additional lease details available upon request. The surrounding area is a proven commercial corridor with established retail, office, and industrial properties, including the prominent Crater Lake Plaza shopping center, various small-scale professional offices, automotive dealerships, and general industrial warehouses. The opportunity at 3755 Crater Lake Highway is clear for prospective buyers. The Subject is a well maintained flex industrial building on a high-traffic roadway with a layout suitable for a wide variety of prospective users. Buyer is responsible for any and all due diligence. Contact the listing brokers today for more information and a private tour.
- Dedicated Turn Lane
- Signage
- Storage Space
- Air Conditioning
Nearby Major Retailers
