Net Leased Pizza
For Sale
Contact for pricing
Pending
1924 Biddle Rd, Medford, OR 97504
Single-tenant net leased Pizza Hut franchise property with a 5-year lease and a 5-year option.
Property SizeContact for details
Days on Market143
Property Features for 1924 Biddle Rd
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Pulver & Leever Real Estate Company
Listed By:
Frank Pulver · License #OR 780200698
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 29 at 11:14PM
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 Pulver & Leever Real Estate Company
Investment Insights
Based on property information with market context.
This is a single-tenant net leased restaurant property occupied by a large Pizza Hut franchisee. The lease term is 5 years, with an additional 5-year option. Rent is currently $78,286.44 and includes annual 3% increases, along with percentage rent.
The property is located at 1924 Biddle Rd in Medford, Oregon 97504.
As a net leased asset structured with base rent escalations and percentage rent, it is set up to support long-term tenancy under the existing lease terms.
The property is located at 1924 Biddle Rd in Medford, Oregon 97504.
As a net leased asset structured with base rent escalations and percentage rent, it is set up to support long-term tenancy under the existing lease terms.
Key Highlights
- Single‑tenant net leased Pizza Hut property with a large franchisee tenant
- 5‑year lease with an additional 5‑year option
- Current base rent is $78,286.44
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
639k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 23%
Superstores 18%
Apparel 17%
Shops & Services 17%
Target
Superstores
116,381 visits/mo
0.2 miles
Fred Meyer
Groceries
78,277 visits/mo
0.3 miles
In-N-Out Burger
Dining
64,507 visits/mo
0.4 miles
Kohl's
Apparel
43,012 visits/mo
0.4 miles
Best Buy
Electronics
42,951 visits/mo
0.4 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
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Similar Off Market Nearby
- New Tin Tin Buffet — 2366 Poplar Dr, Medford, OR 97504
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant net leased Pizza Hut franchise property with a 5-year lease and a 5-year option.
Where is this conventional restaurant located?
The property is located at 1924 Biddle Rd Medford, OR.
What are key features of this property?
This property features: Single‑tenant net leased Pizza Hut property with a large franchisee tenant; 5‑year lease with an additional 5‑year option; Current base rent is $78,286.44
