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Medical Office Suite
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3120 State Street, Medford, OR 97504

Quality medical office suite available in East Medford near State Street, with a scheduled tenant move-out by December 15.

Space SizeContact for details
Property Size2,241 SF
Days on Market1108

Property Features for 3120 State Street

General Information

Standard status Active
Size 2,241 SF
Zoning MFR20/PD

Taxes and HOA fees

Annual Taxes $4,049

Building Details

Building Size 2,241 SF
Year Built 2004
Stories 1
Listing Agency: Pulver and Leever Real Estate
Listed By: Taylor Dunn · License #201224881
Source: Allprofessionalsre
Added: Aug 9, 2023 Changed: Aug 8 Last Checked: Aug 20 at 2:33PM

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 and Leever Real Estate

Investment Insights

Based on property information with market context.

A quality medical office suite totaling 2,241 SF is available in East Medford off State Street. The building is well suited for a wide variety of medical and office users. The current tenant is scheduled to be out no later than December 15, with the possibility of earlier vacancy for a new tenant.

Equipment may be available for sale if it can be utilized by the next tenant; otherwise, it will be removed. The owner is also willing to consider improvements based on tenant qualifications and lease term.

Key Highlights

  • 2,241 SF medical office built in 2004 in East Medford off State Street
  • Suitable for a wide variety of medical and office users
  • Current tenant scheduled to move out no later than December 15 (may vacate earlier for a new tenant)

Property Analytics

Current Use

Western Promotions Inc Business To Business Service

Suggested Use

Top Pick Hair Salon Auto Repair Shop Grocery & Convenience Store Big Box & Wholesale Store Garden Center Nail Salon

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby
Under-served
Demand for This Use

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Similar Off Market Nearby

  • Best Friends Animal Hospital Of East Medford 980 N Phoenix Rd #103, Medford, OR 97504
  • Alder Creek Veterinary Hospital 880 Golf View Dr #101, Medford, OR 97504

Frequently Asked Questions

What type of property is this?
Medical Office Space - Quality medical office suite available in East Medford near State Street, with a scheduled tenant move-out by December 15.
Where is this medical office space located?
The property is located at 3120 State Street Medford, OR.
What are key features of this property?
This property features: 2,241 SF medical office built in 2004 in East Medford off State Street; Suitable for a wide variety of medical and office users; Current tenant scheduled to move out no later than December 15 (may vacate earlier for a new tenant)
More about this property
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