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3976 Crater Lake Ave 13,000 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 | 13,000 SF | 9’ - 23’ | Negotiable | $15.60 /SF/YR $1.30 /SF/MO $202,800 /YR $16,900 /MO | Triple Net (NNN) |
1st Floor
Merit Commercial Real Estate is pleased to exclusively present for lease 1600 Coker Butte Road, a highly-visible flex industrial asset located in beautiful Medford, Oregon (the "Subject Property"). A trophy automotive-focused property, the Subject Property is a highly flexible corner site and has served well for a variety of users, including car rentals, car sales and service, and RV sales and service. The front showroom and office building is an expansive clear-span steel-frame building originally built in 2001. The shed roof allows for abundant natural light into the clear-span showroom floor, while the high-quality finishes and stucco exterior create a modern and retail-focused aesthetic. Inside, the open-concept central core leads to several private offices, kitchens, breakroom, storage, and more. The interior layout is well-designed and flexible for nearly any user. Outside, the Subject's 3.66 acres lot is 100% fully paved and lighted, an extremely rare characteristic in Southern Oregon and the perfect inventory display space. The expansive paved yard appears to be well-maintained, with recent striping and pleasant landscaping. While not currently fully fenced, vehicle access is controlled via only two dedicated driveways which could be gated. The rear shop building is a similar clear-span steel-frame building with matching exterior styling. Enjoying a dedicated public entrance with a service counter, private offices, kitchen and restroom, the shop includes (6) 10'x10' overhead doors, 4 hydraulic lifts, multiple gas heaters, in-slab drains, and 16' max clear height. While originally designed to best fit an automotive sales/service user, the Subject Property is a strong fit for a wide variety of users seeking the winning combination of strong visibility, great retail space, best-in-class paved and lighted yard, and an on-site service shop, all within the growing north Medford neighborhood. Prospective users are encouraged to submit all proposals; all parties are to note that Landlord reserves the right to approve prospective tenant's use of the spaces. Contact brokers to arrange a tour and get more information.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Space is in Excellent Condition
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- High Ceilings
- Finished Ceilings: 9’ - 23’
- Yard
- Fully paved and lighted yard
- Great visibility from 3 busy roads
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 | 13,000 SF | Gross Leasable Area | 13,000 SF |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Auto Dealership | Parking Ratio | 6.15/1,000 SF |
| Total Space Available | 13,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 13,000 SF |
| Year Built | 2001 |
| Parking Ratio | 6.15/1,000 SF |
NEARBY MAJOR RETAILERS
CONTACTS
-
Caspian Hoehne -
Chris Chamberlain -
Scott King -
Merit Commercial Real Estate LLC
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3976 Crater Lake Ave
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