End-Cap Retail
For Sale
Contact for pricing
771 W Stewart Ave #101, Medford, OR 97501
Open-plan commercial space with concrete flooring, suspended ceilings, and two ADA restrooms in a multi-tenant shopping center.
Property Size22,592 SF
Days on Market70
Property Features for 771 W Stewart Ave #101
General Information
Standard status
Active
Size
22,592 SF
Property subtype
Commercial
Site & Location
End Cap
Yes
Traffic Count
18,000 vehicles/day
Building Details
Year Built
1960
Listing Agency:
John L Scott Real Estate Grants Pass
(541) 476-1299
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Aug 8
Changed: Oct 16
Last Checked: Oct 16 at 8:53AM
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 Real Estate Grants Pass
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,584 square foot end-cap space is positioned within Stewart Avenue Shopping Center and can accommodate retail or office use. The interior is arranged as an open commercial area with concrete floors, a T-bar ceiling system, and two ADA bathrooms. A parking area sits alongside the building, supporting convenient customer and staff access.
The property is located at 771 W Stewart Ave #101 in Medford, Oregon, along West Stewart Avenue, a major arterial serving the Medford-to-Jacksonville corridor. Reported traffic volumes in the area range from 12, 000 to 18,000 per day. The center includes Cartwrights, Weldon Dry Cleaning, and Papa Murphy's among its other occupants. The building was constructed in 1960, and the space is offered with a triple-net lease structure.
The property is located at 771 W Stewart Ave #101 in Medford, Oregon, along West Stewart Avenue, a major arterial serving the Medford-to-Jacksonville corridor. Reported traffic volumes in the area range from 12, 000 to 18,000 per day. The center includes Cartwrights, Weldon Dry Cleaning, and Papa Murphy's among its other occupants. The building was constructed in 1960, and the space is offered with a triple-net lease structure.
Key Highlights
- 3,584 square foot end‑cap space in Stewart Avenue Shopping Center
- Open interior with concrete floors and T‑Bar Ceiling
- 2 ADA bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$276,526
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,530,520
$5.5M
Cap Rate 7%
$3,950,371
$4.0M
Cap Rate 9%
$3,072,511
$3.1M
Market Conditions
NOI Build-Up for 22,592 SF
Gross rent
$433.8K $19.20/SF
− Vacancy
−$65.1K −$2.88/SF
EGI
$368.7K $16.32/SF
− OpEx
−$92.2K −$4.08/SF
NOI
$276.5K $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%
$5,530,520
Cap Rate 7%
$3,950,371
Cap Rate 9%
$3,072,511
Alternative Uses
Best Use
Retail
$4.47M
$3.91M – $5.21M
NOI $312,556 @ 7.0% cap · market cap 31,255,600.00%
Second Best
Office B
$3.95M
$3.46M – $4.61M
NOI $276,526 @ 7.0% cap · market cap 27,652,600.00%
Theoretical Best
Office A
$5.45M
$4.77M – $6.36M
NOI $381,714 @ 7.0% cap · market cap 38,171,400.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 97501, OR
47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Open-plan commercial space with concrete flooring, suspended ceilings, and two ADA restrooms in a multi-tenant shopping center.
Where is this retail space located?
The property is located at 771 W Stewart Ave #101 Medford, OR.
What are key features of this property?
This property features: 3,584 square foot end‑cap space in Stewart Avenue Shopping Center; Open interior with concrete floors and T‑Bar Ceiling; 2 ADA bathrooms
