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Drive-Through Restaurant NNN Lease
For Sale
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1238 S Riverside Ave, Medford, OR 97501

Built-to-suit Jimmy John’s with drive-thru, offered with a 15-year NNN lease and rent growth upon closing.

Property SizeContact for details
Days on Market122

Property Features for 1238 S Riverside Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Northmarq
Listed By: Sean Mack · License #OR 990100161
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 9:38PM

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 Northmarq

Investment Insights

Based on property information with market context.

This offering is a built-to-suit Jimmy John’s restaurant with a drive-thru. The property is operated by an established operator and is being sold subject to a 15-year NNN lease, with rent growth upon closing.

The restaurant is adjacent to Medford’s newest major development: a 79-acre planned mixed-use project that includes a $200M, 64,000 SF Providence Health & Services urgent care center.

The asset is structured as an NNN investment opportunity with the drive-thru concept supporting off-street ordering and service for patrons.

Key Highlights

  • Built‑to‑suit Jimmy John’s with drive‑thru
  • Offered with a 15‑year NNN lease executed with the established operator
  • Lease includes rent growth upon closing

Property Analytics

Current Use

Jimmy John's Take-out & Catering Botanical Soul Esthetics Spa & Massage Center FireFly Hair and Body ... Hair Salon Madrone Skin Care Medical Clinic

Suggested Use

Top Pick HVAC Service Storage Facility Auto Parts Store Veterinary Clinic Carpet & Flooring Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,097
Businesses Nearby
74k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 15% Apparel 3% Hotels & Casinos 1%
Red Robin Gourmet Burgers Dining
24,662 visits/mo 0.5 miles
Taco Bell Dining
11,770 visits/mo 0.5 miles
Dutch Bros. Coffee Dining
10,144 visits/mo 0.3 miles
Dutch Bros. Coffee Dining
8,752 visits/mo 0.4 miles
Umpqua Bank Shops & Services
5,813 visits/mo 0.0 miles

Demographics for 97501, OR

47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Built-to-suit Jimmy John’s with drive-thru, offered with a 15-year NNN lease and rent growth upon closing.
Where is this drive through restaurant located?
The property is located at 1238 S Riverside Ave Medford, OR.
What are key features of this property?
This property features: Built‑to‑suit Jimmy John’s with drive‑thru; Offered with a 15‑year NNN lease executed with the established operator; Lease includes rent growth upon closing
More about this property
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