Office Unit with On-Site
700 E Main St #113, Medford, OR 97504
For Sale
Contact for pricing
Pending
665-square-foot office suite with street visibility and shared parking in an established commercial building.
Property Size665 SF
Days on Market61
Property Features for 700 E Main St #113
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Merit Commercial Re, LLC
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Sep 14
Changed: Nov 12
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 Merit Commercial Re, LLC
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Investment Insights
Based on property information with market context.
Suite #113 is a 665-square-foot office unit within a commercial building constructed in 1988. The property provides on-site parking and street visibility, with exterior building signage potentially available.
The suite is at 700 E Main St in Medford, positioned between Tripp and Cottage. Operating responsibilities include tenant-paid electricity and voice/data service, while the landlord covers water, sewer, trash collection, common-area cleaning, restroom cleaning with common supplies, and landscaping and parking-lot maintenance.
The suite is at 700 E Main St in Medford, positioned between Tripp and Cottage. Operating responsibilities include tenant-paid electricity and voice/data service, while the landlord covers water, sewer, trash collection, common-area cleaning, restroom cleaning with common supplies, and landscaping and parking-lot maintenance.
Key Highlights
- 665‑square‑foot office suite, Suite #113
- On‑site parking and street visibility
- Exterior building sign may be available
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 - 665-square-foot office suite with street visibility and shared parking in an established commercial building.
Where is this office unit located?
The property is located at 700 E Main St #113 Medford, OR.
What are key features of this property?
This property features: 665‑square‑foot office suite, Suite #113; On‑site parking and street visibility; Exterior building sign may be available
