680 Biddle Road, Medford, OR 97504
$2,900,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
60,113
Status:
Closed
Current Price:
$2,900,000
List Date:
11/04/2015
Last Modified:
11/01/2024
Overview
Description
Listing Details MLS# 102960500
General Property Information
- # of Units Total
- Yes
- Year Built
- 1992
- Zoning
- C-C
- Tax Annual Amount
- 26063
- Tax Year
- 15
- Sign On Property YN
- No
Property Features
Additional Features:
ADA Comply; Bus Service or Stop
Construction Materials:
Brick
Cooling:
Heat Pump
Heating:
Forced Air; Natural Gas
Levels:
One
Roof:
Metal
Business Type (AKA Sub Type):
Professional/Office
Flood:
N/A
Water Source:
Public
Documents on File:
Rental Agreement
Listing Terms:
Cash
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 680
- Street Name
- Biddle
- Street Suffix
- Road
- County
- Jackson
- State
- OR
- Postal Code
- 97504
Contract Information
- Original List Price
- 3350000
- Listing Contract Date
- 2015-11-04
Remarks and Miscellaneous
- Public Remarks
- Great investment opportunity! A Class A stand-alone building and a single national tenant of 23 years with five years left before options to renew. 62 car offstreet parking on a newly paved lot. Great location and condition. The June, 2016 lease to be $1.85/S.F. with annual $.05/S.f. bumps.
- Directions
- S.E. Corner of Biddle Road and Superior Drive.
Status Change Information
- Close Date
- 2016-04-25
- Under Contract Date
- 2016-03-18
- Status Change Timestamp
- 2016-04-26
- Close Price
- 2900000
More Information
Income and Expenses (Annual Amounts)
- Cap Rate %
- 6.65
- Cap Rate Basis
- Proforma
- Net Operating Income
- 222877
Miscellaneous Information
- Total Building NRA
- 10535
- UGB
- Inside
Parking Details
- # of Parking Spaces
- 62
Listing Office:
Coldwell Banker Pro West Ashland
Last Updated: November - 01 - 2024
Information deemed reliable but not guaranteed.