Three-Tenant NNN Retail
For Sale
Contact for pricing
1134-1136 Biddle Rd, Medford, OR 97504
Fully leased center includes a drive-through restaurant and two additional retail businesses under NNN leases.
Property Size5,304 SF
Price / SF$592.01
Days on Market8
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Property Features for 1134-1136 Biddle Rd
General Information
Standard status
Active
Size
5,304 SF
Property subtype
RETAIL
Occupancy
100%
Site & Location
Drive-Thru
Yes
Traffic Count
43,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap, Inc.
(206) 826-5700
Listed By:
Clayton Brown · License #WA:123258,ID:SP56979
(206) 826-5787
Source:
Moodyscre
Added: Oct 8
Changed: Oct 15
Last Checked: Oct 15 at 2:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap, Inc.
Investment Insights
Based on property information with market context.
This 5,304-square-foot retail center in Medford is occupied by Carl’s Jr., Boba Time, and Happy Nails. The anchor restaurant has a drive-through. All three tenants operate under NNN leases with contractual rent increases: Carl’s Jr. increases 10% every five years, while Boba Time and Happy Nails have 3.00% annual increases. Tenant tenure is 17+ years for Carl’s Jr., 16+ years for Happy Nails, and 6+ years for Boba Time.
The property sits on a pad to Bear Creek Plaza, which attracts 3M+ annual visits and is shadow anchored by Bi-Mart, Dollar Tree, Boot Barn, Crunch Fitness, McDonald’s, and Wendy’s, among others. It is adjacent to the signalized intersection of Biddle Road and E McAndrews Road, with 43,300+ VPD. The center also benefits from visibility and access to I-5, carrying 55,300+ VPD, and OR-62, carrying 49,000+ VPD. Two ingress and egress points flank the building. Within five miles, the trade area includes approximately 116,000 residents and average household incomes exceeding $96,000.
The property sits on a pad to Bear Creek Plaza, which attracts 3M+ annual visits and is shadow anchored by Bi-Mart, Dollar Tree, Boot Barn, Crunch Fitness, McDonald’s, and Wendy’s, among others. It is adjacent to the signalized intersection of Biddle Road and E McAndrews Road, with 43,300+ VPD. The center also benefits from visibility and access to I-5, carrying 55,300+ VPD, and OR-62, carrying 49,000+ VPD. Two ingress and egress points flank the building. Within five miles, the trade area includes approximately 116,000 residents and average household incomes exceeding $96,000.
Key Highlights
- 5,304‑square‑foot center occupied by Carl’s Jr., Boba Time, and Happy Nails
- All three tenants operate under NNN leases with contractual rent increases
- Carl’s Jr. has occupied the property for 17+ years; Happy Nails for 16+ years; Boba Time for 6+ years
Property Analytics
Current Use
Lease Details
43,300 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,097
Businesses Nearby
343k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 26%
Apparel 11%
Superstores 8%
Barnes & Noble
Shops & Services
31,850 visits/mo
0.3 miles
Big Lots
Superstores
28,312 visits/mo
0.1 miles
JCPenney
Apparel
27,304 visits/mo
0.4 miles
Dollar Tree
Shops & Services
24,810 visits/mo
0.1 miles
7-Eleven
Shops & Services
22,043 visits/mo
0.5 miles
Demographics for 97504, OR
49,942
Population
21,290
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
43.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$81,233
Median Household Income
$43,744
Median Earnings
$1,387
Median Rent
$447,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased center includes a drive-through restaurant and two additional retail businesses under NNN leases.
Where is this strip mall located?
The property is located at 1134-1136 Biddle Rd Medford, OR.
What is the asking price?
The asking price for this property is $3,140,000.
What are key features of this property?
This property features: 5,304‑square‑foot center occupied by Carl’s Jr., Boba Time, and Happy Nails; All three tenants operate under NNN leases with contractual rent increases; Carl’s Jr. has occupied the property for 17+ years; Happy Nails for 16+ years; Boba Time for 6+ years
