2000 Biddle RdMedford, OR 97504

Property Details for 2000 Biddle Rd

Lot size

0.99 AC

Property size (Sq ft)

5,913 SF

Zone code

C-R

Property type

Turn key restaurants

APN

1-0600221

APU

10600221

Description

This exceptional investment opportunity presents a single-tenant, net-leased restaurant property located at 2000 Biddle Rd, Medford, Oregon, 97504. The property boasts 5,913 square feet on a 0.99-acre lot, situated within a C-R zoned area and identified by APN 37-01W-18C TL #3301. Currently operating at 100% occupancy, the restaurant enjoys a strong lease with a remaining term of 3.5 years, expiring May 30, 2028. The lease structure includes a base rent with a 6% upward adjustment every two years, supplemented by percentage rent. The current annual base rent is $143,447. The property's asking price is $3,041,090, representing a price per square foot of $514.31 and a compelling 4.72% cap rate. The Net Operating Income (NOI) stands at $143,447. This is a one-story building offering a secure, passive income stream for investors seeking a stable, established restaurant investment in a desirable Oregon location. The tenant is a franchisee with a proven track record, operating six other locations within Oregon. This presents a low-risk, high-reward opportunity for discerning investors. The property's strong financial performance, coupled with its favorable lease terms and prime location, makes it an attractive addition to any investment portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $1,713,126

  6.5%

  $1,581,347

  7%

  $1,468,394

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,818,022

  Geo Method

  $3,818,022

• Alternative Use

  Use

  Valuation

  Residential

  $1,333,925

  Hospitality

  $1,221,868

  Educational

  $1,016,580

  Medical

  $1,051,542

  Retail

  $1,581,347

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.3481

Longitude

-122.874

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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