2570 Crater Lake Highway, Medford, OR 97504
- $3,250,000
Listing courtesy of Merit Commercial RE, LLC.
- List Price
- $3,250,000
Property Description
Exclusively presented for sale - 2570 Crater Lake Hwy, a fully leased, high-profile landmark asset in Medford, OR (the ''Property''). The asset is an ideal 1031 target, and combines pure real estate value with long-term upside. Prominently positioned on Hwy 62, the most heavily traveled corridor in Southern Oregon, the Property offers 200'+ of direct frontage, two deeded driveways, two oversized monument signs, and extensive façade signage. The ±20,300 SF steel-frame building is occupied by Guitar Center, S.O. Fit, and an established premium dispensary. Guitar Center, a 30+ year anchor tenant and nationally recognized brand, occupies ±11,862 SF, while the two remaining suites are ±4,219 SF each. Each suite combines retail-oriented improvements with rear yard access and flexible layouts. Below-market rents, modified gross leases, immediate yield, and an irreplaceable, highly visible location create compelling long-term upside for investors and 1031 buyers. Contact brokers for more info
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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: