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    1229 Court Street

    Medford, OR 97501
    • $3,600,000
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 220130324
    UPDATED: 68 min ago
    $3,600,000
    • 0
      BEDS
    • 2.76
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 39,356
      SQFT
    • $91
      $/SQFT
    Type:
    Commercial
    Built:
    1968
    County:
    Area:

    School Ratings & Info


    Listing courtesy of Coldwell Banker Commercial Pro West.

    Description

    Retail center located between two regional retail centers available for sale. 100% leased. 1229 Court Street is located adjacent the Regency Centers Northgate Marketplace in North Medford, and one block from the Rogue Valley Mall. Excellent tenancy history, on-site parking and potential for upside in rental growth. Located at a signalized intersection within 2 minutes of the North Medford Interstate 5 interchange. Cap rate of 7.0% on current rents. Call listing brokers for offering memorandum. Please Do Not Disturb Tenants. Tour by appointment only.

    Monthly Payment Calculator

    © 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Team Birtola High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Team Birtola High Desert Realty. Data last updated: .2021-09-22T06:44:51.23
    www.bendoregonrealestate.com/homes/120789513
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    1229 Court Street Medford, OR 97501

    • Price: $3,600,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 220130324
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.76
    Acres
    39,356
    SQFT
    $91
    $/SQFT
    1968
    Built
    County:
    Jackson
    Area:
    Medford
    Property Description
    Retail center located between two regional retail centers available for sale. 100% leased. 1229 Court Street is located adjacent the Regency Centers Northgate Marketplace in North Medford, and one block from the Rogue Valley Mall. Excellent tenancy history, on-site parking and potential for upside in rental growth. Located at a signalized intersection within 2 minutes of the North Medford Interstate 5 interchange. Cap rate of 7.0% on current rents. Call listing brokers for offering memorandum. Please Do Not Disturb Tenants. Tour by appointment only.
    Exterior Features

    Construction Materials BlockFrame Foundation Details Slab Levels One Lot Features Corner LotLevel Parking Details Numberof Parking Spaces 1136 Parking Details Parking Yes Parking Features AsphaltParking Lot Roof Membrane

    Interior Features

    Additional Features Airport AccessBus Service Or StopFree Span RoofSeparate Electric MetersSeparate Gas Meters Basement None Cooling Central Air Flooring ConcreteLaminate Heating Forced Air Miscellaneous Information Numberof Grade Leve 3

    Property Features

    Additional Parcels YN Yes Business Type Income/InvestmentRetail CCAnd Rs YN No Cross Street Ohio Existing Lease Type Gross FIRPTAYN No Flood Unknown Government Overlay Enterprise Zone Incomeand Expenses Annual Amounts Cap Rate Perc 7.00 Incomeand Expenses Annual Amounts Estimated Gr 328740.00 Incomeand Expenses Annual Amounts Estimated To 76188.00 Incomeand Expenses Annual Amounts Net Operatin 252552.00 Listing Terms CashConventional Miscellaneous Information Backup Package Avai Yes Miscellaneous Information Total Building NRA 39356 New Construction YN No Owner Pays Common Area MaintenanceInsuranceSewerTaxesWater Power Production None Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 24370.00 Tax Year 2020 Tenant Pays ElectricityGasInsuranceInterior MaintenanceJanitorial Service Unit1 Tenant Name Rodda Paint Unit1 Unit Number 1211 Court Unit2 Tenant Name Cycle Gear Unit2 Unit Number 1225 Court Unit3 Tenant Name Turning Point Dance Studio Unit3 Unit Number 1221 Court Unit4 Tenant Name Diamond Audio Unit4 Unit Number 1229 Court Unit5 Tenant Name Collectors Market Unit5 Unit Number 1233 Court View City Zoning C-C

    Listing information © 2021 MLS of Central Oregon
    Listing provided courtesy of Coldwell Banker Commercial Pro West.

    © 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Team Birtola High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Team Birtola High Desert Realty. Data last updated: .2021-09-22T06:44:51.23
     
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    Team Birtola High Desert Realty
    101 NE Greenwood Ave Suite 100
    Bend OR, 97701

    Listing courtesy of Coldwell Banker Commercial Pro West.