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1924 Biddle Road, Medford, OR 97504

$3,864
Property Type: Commercial Lease Square Footage: 2,576 Lot Size (sq. ft.): 24,394 Status: Active
Current Price: $3,864 List Date: 5/24/2024 Last Modified: 5/24/2024

Description

Former Pizza Hut location. Interior completely refreshed. Immediately available. Great location next to Elmer's and adjacent to Food 4 Less. Owner wants 5 year lease with annual escalators and a percentage rent. Might consider lease option. New roof. Owner is planning to install complete new HVAC system including duct work based on current floor plan. Owner reserves the right to approve tenant and use. Convenience Store not permitted. Offered ''As is'' - Might consider Tenant improvements for a qualified Tenant at an increased rent.

Supplements: ********

More Information MLS# 220183326

Location, Tax, and Legal

Street Number: 1924 Street Name: Biddle Street Suffix: Road County: Jackson State: OR Postal Code: 97504 Cross Street: Morrow Section: Not Applicable Subdivision Name: N/A Parcel Number: 10636287 Tax Lot: 3304 Lot Size Acres: 0.56 Lot Size Square Feet: 24394 Additional Parcels YN: No

Contract Information

Original List Price: 3864 Current Price: $3,864 Status: Active List Price: $3,864 Lease Rate Options: $ Amt/Mo List Price per SqFt: 1.5 Listing Contract Date: 2024-05-24 Buyer Agency Compensation: 2.5 Buyer Agency Compensation Type: %

General Property Information

Building Area Total: 2576 Building Area Source: Assessor Building Area Units: Acres # of Units Total: 1 Year Built: 1979 New Construction YN: No Zoning: C-R Tax Annual Amount: 10594.71 Tax Year: 2023 CC&R's YN: Yes FIRPTA YN: No Sign On Property YN: Yes

Remarks and Miscellaneous

Public Remarks: Former Pizza Hut location. Interior completely refreshed. Immediately available. Great location next to Elmer's and adjacent to Food 4 Less. Owner wants 5 year lease with annual escalators and a percentage rent. Might consider lease option. New roof. Owner is planning to install complete new HVAC system including duct work based on current floor plan. Owner reserves the right to approve tenant and use. Convenience Store not permitted. Offered ''As is'' - Might consider Tenant improvements for a qualified Tenant at an increased rent. Directions: Just past Dairy Queen, on Biddle Road

Status Change Information

Status Change Timestamp: 2024-05-24

Business Details

Business Included?: No

Parking Details

# of Parking Spaces: 25 Vehicles/Average Daily Traffic: 13000

Property Features

Common Walls: No Common Walls Construction Materials: Brick; Frame Cooling: Central Air Flooring: Carpet; Tile Foundation Details: Slab Heating: Forced Air; Natural Gas Levels: One Roof: Metal Existing Lease Type: Call Listing Agent; NNN Utilities: Electricity Connected Parking Features: Parking Lot Power Production: None Sewer: Public Sewer Water Source: Public Special Listing Conditions: Standard
Listing Office: Pulver and Leever Real Estate
Last Updated: May - 24 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: 541-773-5391

Information deemed reliable but not guaranteed.