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Refreshed Restaurant Building

1924 Biddle Road, Medford, OR 97504

For Lease
$3,864/Mo

Interior updates and a new roof are in place; replacement HVAC and ductwork are planned.

Space SizeContact for details
Property Size2,576 SF
Days on Market663

Property Features for 1924 Biddle Road

General Information

Standard status Active
Size 2,576 SF
Zoning C-R

Additional Details

Available From Immediate
Lease Term 60 months

Taxes and HOA fees

Annual Taxes $10,153

Building Details

Building Size 2,576 SF
Year Built 1979
Stories 1
Units 1
Listing Agency: Pulver and Leever Real Estate
Listed By: Frank J Pulver · License OR #780200698
Source: Kendonleet
Added: Jan 20, 2025 Changed: Nov 12 Last Checked: Nov 12 at 2:28PM

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

Rey
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Investment Insights

Based on property information with market context.

This 2,576-square-foot restaurant property was built in 1979 and has a refreshed interior and a new roof. A complete HVAC replacement, including ductwork, is planned to match the existing floor plan. The space is offered as-is, and the owner retains approval over the tenant and its use; convenience store use is not permitted.

At 1924 Biddle Road in Medford, the property is next to Elmer's and adjacent to Food 4 Less. The owner seeks a five-year lease with annual escalations and percentage rent, and may consider a lease option.

Key Highlights

  • 2,576‑square‑foot restaurant property
  • New roof; interior refreshed
  • Replacement HVAC system and ductwork planned for the current floor plan

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Plumbing Service Catering Service

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,018
Businesses Nearby
639k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

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 - Interior updates and a new roof are in place; replacement HVAC and ductwork are planned.
Where is this conventional restaurant located?
The property is located at 1924 Biddle Road Medford, OR.
What is the lease rate?
The lease rate is $3,864/Mo.
What are key features of this property?
This property features: 2,576‑square‑foot restaurant property; New roof; interior refreshed; Replacement HVAC system and ductwork planned for the current floor plan
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