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NW Medford Light Industrial Park 1501 Sage Rd

15,000 SF 100% Leased Industrial Building Medford, OR 97501 $2,999,000 ($200/SF) 10.27% Cap Rate

Investment Highlights

  • Recently Remodeled property with upgraded features
  • Banquet Hall
  • Property features a large kitchen
  • Fully Leased Cashflow property with minimal Landlord responsibilities

Executive Summary

Attention Investors! Here is a fantastic cashflow opportunity. This is 3 buildings Consisting of 15,000 SQFT gross rentable area on a .96 Ac lot zoned IG (General Industrial). Gross RENTS are $25,500/Mo with a 12.45% expense ratio. 1501 A/B/C is currently leased as a recently remodeled restaurant, 1503 and 1505 A/B/C/D are leased for licensed Hemp extract manufacturing and storage. Recent updates are new HVAC systems, remodeled restaurant and fire suppression system in BLDG 1503. *Businesses are NOT for sale, Real Estate Only*

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,999,000
Price Per SF $200
Sale Type Investment
Cap Rate 10.27%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Restaurant
  • FlexLight Distribution
Building Class A
Lot Size 0.96 AC
Rentable Building Area 15,000 SF
No. Stories 1
Year Built/Renovated 1996/2021
Parking Ratio 2.53/1,000 SF

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Rogue Science, LLC
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Rogue Science, LLC Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Portland
653,115
273
5 h 23 m
Sacramento
508,529
312
5 h 53 m
San Francisco
883,305
364
6 h 55 m
San Jose
1,030,119
398
7 h 32 m
Seattle
744,955
445
8 h 44 m
Fresno
530,093
478
9 h 7 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
159,174
Total Labor Force
75,842
Unemployment Rate
4.04%
Median Household Income
$64,864
Warehouse Employees
9,345
High School Education Or Higher
90.90%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10803371
Land Assessment
$272,550 (2024)
Improvements Assessment
$984,510 (2024)
Total Assessment
$1,257,060 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code I-G (The I-G district provides land for industrial uses in which production and processing activities involve a degree of noise, vibration, air pollution.)
I-G (The I-G district provides land for industrial uses in which production and processing activities involve a degree of noise, vibration, air pollution.)
  • Listing ID: 33537509

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 1501 Sage Rd, Medford, OR 97501

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