Carl's Jr-Anchored Retail
1136 Biddle Road, Medford, OR 97504
For Sale
Contact for pricing
Three tenants operate under NNN leases, with contractual rent increases across the roster.
Property SizeContact for details
Days on Market32
Property Features for 1136 Biddle Road
General Information
Standard status
Property subtype
Occupancy
Site & Location
Drive-Thru
Anchor Co-Tenants
Traffic Count
Highway Access
Road Access
Additional Details
Tenant in Place
Building Details
Buildings
Tenancy
Listing Agency:
Marcus & Millichap - Seattle
Listed By:
Clayton J. Brown · License OR SP56979
Source:
Crexi
Added: Oct 10
Changed: Nov 9
Last Checked: Nov 9 at 2:02PM
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 - Seattle
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Investment Insights
Based on property information with market context.
This three-tenant retail property in Medford is fully occupied by Carl's Jr., Boba Time, and Happy Nails. The Carl's Jr. location includes a drive-through and has operated at the site for more than 17 years; Happy Nails has been there for more than 16 years, and Boba Time for more than six. All three leases are NNN. Carl's Jr. has 10% rent increases every five years, while the other two tenants have 3.00% annual increases. The restaurant ranks in the top 23% nationally for its chain and in the top 30% among QSR concepts for foot traffic, according to Placer.ai.
The property sits next to the signalized intersection of Biddle Road and E McAndrews Road, where traffic exceeds 43,300 vehicles per day. It has two access points, one on each side of the building, and visibility and access to I-5 (55,300+ VPD) and OR-62 (49,000+ VPD). The site is a pad within Bear Creek Plaza, which attracts more than 3 million annual visits and is shadow-anchored by Bi-Mart, Dollar Tree, Boot Barn, Crunch Fitness, McDonald's, and Wendy's. Within five miles, the trade area includes approximately 116,000 residents and average household incomes above $96,000.
The property sits next to the signalized intersection of Biddle Road and E McAndrews Road, where traffic exceeds 43,300 vehicles per day. It has two access points, one on each side of the building, and visibility and access to I-5 (55,300+ VPD) and OR-62 (49,000+ VPD). The site is a pad within Bear Creek Plaza, which attracts more than 3 million annual visits and is shadow-anchored by Bi-Mart, Dollar Tree, Boot Barn, Crunch Fitness, McDonald's, and Wendy's. Within five miles, the trade area includes approximately 116,000 residents and average household incomes above $96,000.
Key Highlights
- Fully occupied by Carl's Jr., Boba Time, and Happy Nails
- All three tenants have NNN leases with contractual rent increases
- Carl's Jr. features a drive‑through and ranks in the top 23% nationally for its chain's foot traffic
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 - Three tenants operate under NNN leases, with contractual rent increases across the roster.
Where is this strip mall located?
The property is located at 1136 Biddle Road Medford, OR.
What is the asking price?
The asking price for this property is $3,120,000.
What are key features of this property?
This property features: Fully occupied by Carl's Jr., Boba Time, and Happy Nails; All three tenants have NNN leases with contractual rent increases; Carl's Jr. features a drive‑through and ranks in the top 23% nationally for its chain's foot traffic
