Search
High-Quality Office Building Near Hospital
For Lease
Contact for pricing

717 Murphy Rd, Medford, OR 97504

Two-story office building with elevator, suitable for various tenants.

Space Size15,514 SF
Days on Market1416

Property Features for 717 Murphy Rd

General Information

Standard status Active
Size 15,514 SF
Property subtype Office
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 717 Murphy Rd Contact us

Available Space

Size
15,514 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Pulver & Leever Real Estate Company
Listed By: Jared Pulver · License #OR 200508084
Source: Crexi
Added: Oct 7, 2022 Changed: Aug 8 Last Checked: Aug 21 at 2:46PM

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 high-quality, two-story office building equipped with an elevator. It is located near Asante - Rogue Regional Medical Center. Originally built as a law office, the building features numerous large, private offices and a sizable conference room situated around the building's perimeter. The owner is seeking a minimum initial lease term of five years for the entire building. However, leasing portions of the building may be considered, contingent upon the tenant, their intended use, and the lease terms being acceptable to the owner. It is important to note that the previous tenant was a not-for-profit organization with a property tax exemption, which is why the current property taxes are listed as $0.

Key Highlights

  • High‑quality, two‑story office building with elevator
  • Conveniently located near Asante - Rogue Regional Medical Center
  • Features numerous private, large offices and a large conference room

Property Analytics

Current Use

Bloom Benjamin M Law Firm Cowling Robert L Law Firm Ingalls P David Law Firm Stamper Adam T Law Firm Visser Jesse A Law Firm

Suggested Use

Top Pick Auto Repair Shop Hair Salon Daycare Center Grocery & Convenience Store Garden Center Nail Salon

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
$2.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with elevator, suitable for various tenants.
Where is this office building located?
The property is located at 717 Murphy Rd Medford, OR.
What is the lease rate?
The lease rate is $16.20 SF/Yr.
What are key features of this property?
This property features: High‑quality, two‑story office building with elevator; Conveniently located near Asante - Rogue Regional Medical Center; Features numerous private, large offices and a large conference room
(541) 773-5391 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message