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940 S Riverside Avenue, Medford, OR 97501

$8,500
Property Type: Commercial Lease Square Footage: 2,993 Lot Size (sq. ft.): 29,621 Status: Active
Current Price: $8,500 List Date: 4/22/2022 Last Modified: 7/15/2022

Description

High Traffic Drive Thru Building For Lease. Building is well located between two major streets. ~2,993 sf building was formerly occupied by Wendy's. Asking Rent $8,500/mo. NNN. Initial lease term of 10+ years minimum. Any Owner contributions to Tenant Improvements to be negotiated. Credit Tenants. Owner reserves the right to approve Tenant and use.

Supplements: ********

More Information MLS# 220143889

Location, Tax, and Legal

Street Number: 940 Street Dir Prefix: S Street Name: Riverside Street Suffix: Avenue County: Jackson State: OR Postal Code: 97501 Cross Street: Boyd Street Section: Not Applicable Subdivision Name: Whitman Park Parcel Number: 1-0375432 Tax Map Number: 37 1W 30CD Tax Lot: 7600 Lot Size Acres: 0.68 Lot Size Square Feet: 29621 Additional Parcels YN: No

Contract Information

Original List Price: 8500 Current Price: $8,500 Status: Active List Price: $8,500 Lease Rate Options: $ Amt/Mo List Price per SqFt: 2.84 Listing Contract Date: 2022-04-22

General Property Information

Building Area Total: 2993 Building Area Source: Assessor Building Area Units: Square Feet # of Units Total: 1 Zoning: C-R Tax Annual Amount: 18167.35 Tax Year: 2021 CC&R's YN: Yes FIRPTA YN: No Sign On Property YN: Yes

Remarks and Miscellaneous

Public Remarks: High Traffic Drive Thru Building For Lease. Building is well located between two major streets. ~2,993 sf building was formerly occupied by Wendy's. Asking Rent $8,500/mo. NNN. Initial lease term of 10+ years minimum. Any Owner contributions to Tenant Improvements to be negotiated. Credit Tenants. Owner reserves the right to approve Tenant and use. Directions: Property fronts on S. Riverside - N. Boyd St.

Status Change Information

Status Change Timestamp: 2022-04-22

Business Details

Business Included?: No

Property Features

Common Walls: No Common Walls Levels: One Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Janitorial Service; Repairs; Sewer; Taxes; Water; Other Parking Features: Asphalt; Parking Lot Power Production: Public Utilities Sewer: Public Sewer Water Source: Public Listing Terms: Contract Special Listing Conditions: Standard
Listing Office: Pulver and Leever Real Estate
Last Updated: July - 15 - 2022

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.