Fully Leased Retail
For Sale
Contact for pricing
1341 Center Drive, Medford, OR 97501
South Gateway Retail Center is a fully occupied retail property anchored by Planet Fitness, Harbor Freight Tools, and Spectrum.
Property SizeContact for details
Days on Market123
Property Features for 1341 Center Drive
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Kidder Mathews Portland
Listed By:
Peter Dunn · License #201103077
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 7:42AM
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 Kidder Mathews Portland
Investment Insights
Based on property information with market context.
South Gateway Retail Center is a retail center offered for sale with approximately 50,218 square feet and is fully occupied by Planet Fitness, Harbor Freight Tools, and Spectrum. The offering includes provisions described in the seller’s remarks related to a rent credit to the buyer at closing, intended to provide base rent/NNN coverage for 12 months following a tenant’s lease expiration date through 2/28/2021 if the tenant has not extended their lease by closing.
The property is located near Stewart Meadows Village, a mixed-use master planned lifestyle development that includes a 64,000 SF Providence Medical Clinic and 300 incoming apartment units. The asset is situated in a high-growth submarket of Medford, Oregon, according to the seller’s public remarks.
The property is located near Stewart Meadows Village, a mixed-use master planned lifestyle development that includes a 64,000 SF Providence Medical Clinic and 300 incoming apartment units. The asset is situated in a high-growth submarket of Medford, Oregon, according to the seller’s public remarks.
Key Highlights
- 50,218 SF retail center fully occupied by Planet Fitness, Harbor Freight Tools, and Spectrum
- Spectrum lease began in 2020
- Seller will provide a rent credit to Buyer at closing for base rent/NNN during the 12 months after Spectrum’s lease expiration
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
473k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Superstores 23%
Shops & Services 14%
Hotels & Casinos 4%
Walmart
Superstores
110,816 visits/mo
0.2 miles
Fred Meyer Gas Station
Shops & Services
32,392 visits/mo
0.2 miles
McDonald's
Dining
29,261 visits/mo
0.4 miles
Panda Express
Dining
20,545 visits/mo
0.3 miles
Taco Bell
Dining
18,969 visits/mo
0.2 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
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Frequently Asked Questions
What type of property is this?
Shopping center - South Gateway Retail Center is a fully occupied retail property anchored by Planet Fitness, Harbor Freight Tools, and Spectrum.
Where is this shopping center located?
The property is located at 1341 Center Drive Medford, OR.
What are key features of this property?
This property features: 50,218 SF retail center fully occupied by Planet Fitness, Harbor Freight Tools, and Spectrum; Spectrum lease began in 2020; Seller will provide a rent credit to Buyer at closing for base rent/NNN during the 12 months after Spectrum’s lease expiration
