Net Leased Pizza
1924 Biddle Rd Medford, OR 97504
1924 Biddle Rd, Medford, OR, 97504
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For Sale
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Pending
Single-tenant net leased Pizza Hut franchise property with a 5-year lease and a 5-year option.
Days on Market103
Property Features for 1924 Biddle Rd
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Pulver & Leever Real Estate Company
Listed by
Frank Pulver · License #OR 780200698
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 4:57PM Checked: Jul 20 at 4:57PM
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
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
Similar Off Market Nearby
- New Tin Tin Buffet — 2366 Poplar Dr, Medford, OR 97504
FAQs
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