2000 Biddle RdMedford, OR 97504

For Sale
$3,041,090

Profitable Restaurant, Net Lease, Oregon

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional investment opportunity presents a single-tenant, net-leased restaurant property located at 2000 Biddle Rd, Medford, Oregon, 97504. The property boasts 5,913 square feet on a 0.99-acre lot, situated within a C-R zoned area and identified by APN 37-01W-18C TL #3301. Currently operating at 100% occupancy, the restaurant enjoys a strong lease with a remaining term of 3.5 years, expiring May 30, 2028. The lease structure includes a base rent with a 6% upward adjustment every two years, supplemented by percentage rent. The current annual base rent is $143,447. The property's asking price is $3,041,090, representing a price per square foot of $514.31 and a compelling 4.72% cap rate. The Net Operating Income (NOI) stands at $143,447. This is a one-story building offering a secure, passive income stream for investors seeking a stable, established restaurant investment in a desirable Oregon location. The tenant is a franchisee with a proven track record, operating six other locations within Oregon. This presents a low-risk, high-reward opportunity for discerning investors. The property's strong financial performance, coupled with its favorable lease terms and prime location, makes it an attractive addition to any investment portfolio.

Highlights

  • $3,041,090 asking price for this 5,913 SF restaurant.
  • Net lease investment with a 4.72% cap rate.
  • Located at 2000 Biddle Rd, Medford, OR 97504 on a 0.99-acre lot.
  • Single-tenant, 100% occupied, with a remaining lease term of 3.5 years (expiring 05/30/2028).
  • $143,447 annual net operating income (NOI).

Property Details for 2000 Biddle Rd

Property type
Other retail properties, Restaurants
Square Feet
5,913 SF
Stories
1
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Medford
County
Jackson
State
Oregon
Latitude
42.3480041
Longitude
-122.8737867
2000 Biddle Rd, Medford, Oregon
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2000 Biddle Rd
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