Office Unit with On-Site
700 E Main Street 113, Medford, OR 97504
For Sale
Contact for pricing
Pending
Street-visible office space with parking and common-area maintenance.
Property Size665 SF
Days on Market55
Property Features for 700 E Main Street 113
General Information
Standard status
Size
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
James E North · License OR #200310092
(541) 734-5280
Source:
Gatewayteam
Added: Sep 21
Changed: Nov 1
Last Checked: Nov 12 at 7:35AM
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 John L. Scott Medford
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Investment Insights
Based on property information with market context.
Suite 113 is a 665-square-foot office unit at 700 E Main Street in Medford, with on-site parking and visibility from the street. The suite is positioned between Tripp and Cottage streets and includes access to shared building and site services.
Occupancy terms assign electricity and voice/data service to the tenant. Water, sewer, trash collection, common-area cleaning, restroom cleaning and supplies for common areas, landscaping, and parking lot maintenance are handled by the landlord. Exterior building signage may be available.
Occupancy terms assign electricity and voice/data service to the tenant. Water, sewer, trash collection, common-area cleaning, restroom cleaning and supplies for common areas, landscaping, and parking lot maintenance are handled by the landlord. Exterior building signage may be available.
Key Highlights
- 665 SF office suite
- Suite 113 at 700 E Main Street, Medford
- On‑site parking and street visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,140
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,800
$162.8K
Cap Rate 7%
$116,286
$116.3K
Cap Rate 9%
$90,444
$90.4K
Market Conditions
NOI Build-Up for 665 SF
Gross rent
$12.8K $19.20/SF
− Vacancy
−$1.9K −$2.88/SF
EGI
$10.9K $16.32/SF
− OpEx
−$2.7K −$4.08/SF
NOI
$8.1K $12.24/SF
Area
Jackson County, OR
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,800
Cap Rate 7%
$116,286
Cap Rate 9%
$90,444
Alternative Uses
Best Use
Office B
$116.3K
$101.8K – $135.7K
NOI $8,140 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$160.5K
$140.5K – $187.3K
NOI $11,236 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,049
Businesses Nearby
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Business Placement
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
$447,800
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Medford, OR
Properties on Market for Office Units in Medford
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Street-visible office space with parking and common-area maintenance.
Where is this office unit located?
The property is located at 700 E Main Street 113 Medford, OR.
What are key features of this property?
This property features: 665 SF office suite; Suite 113 at 700 E Main Street, Medford; On‑site parking and street visibility
