1501 Sage Rd Medford, OR 97501
High-Cashflow, Multi-Tenant Flex Space
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- $2,999,000 asking price for a stabilized Class A industrial property.
- 15,000 square feet of net rentable space across three buildings on a 0.96-acre lot in Medford, Oregon.
- 9.40% cap rate with a $282,000 net operating income (NOI).
- 100% occupancy with four tenants under a modified lease with a remaining term of four years (lease commencement November 1, 2023).
- Property features 38 parking spaces and is zoned I-G (General Industrial).
Property Details for 1501 Sage Rd
- Property type
- Life science properties, Industrial properties
- Square Feet
- 15,000 SF
- Class
- A
- Year Built/Renovated
- 1996/2022
- Buildings
- 3
- Stories
- 1
- Lot Size (sq. ft)
- 41,818 SF
- Units
- 8
Location Insight
- City
- Medford
- County
- Jackson
- State
- Oregon
- Latitude
- 42.339395891298
- Longitude
- -122.89084326316
Nearby Similar for Sale
FAQs
- What type of property is this?
- Life science property - High-Cashflow, Multi-Tenant Flex Space
- Where is the life science property located?
- The property is located at 1501 Sage Rd Medford, OR.
- What is the asking price?
- The asking price for this property is $2,999,000.
- What are key features of this property?
- This property features: $2,999,000 asking price for a stabilized Class A industrial property.; 15,000 square feet of net rentable space across three buildings on a 0.96-acre lot in Medford, Oregon.; 9.40% cap rate with a $282,000 net operating income (NOI).
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