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Retail Space on Progress Drive
For Lease
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1112 Progress Dr, Medford, OR 97504

West end cap space in Medford strip center for rent.

Space Size959 SF
Days on Market1251

Property Features for 1112 Progress Dr

General Information

Standard status Active
Size 959 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Year Built 2006
Tenancy Single

Spaces For Lease

at 1112 Progress Dr Contact us

Available Space

Size
959 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Pulver & Leever Real Estate Company
Listed By: Jared Pulver · License #OR 200508084
Source: Crexi
Added: Apr 3, 2023 Changed: Aug 8 Last Checked: Sep 2 at 5:58AM

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 commercial real estate opportunity features a west end cap space located in a strip center on Progress Drive, adjacent to People's Bank. The property offers signage opportunities. The current tenant operates on a month-to-month lease. This space is suitable for retail or office use.

Key Highlights

  • High visibility with west end cap location.
  • Located in a nice strip center.
  • Adjacent to People's Bank, providing established customer traffic.

Property Analytics

Current Use

CROWN MARKET 900 Grocery & Convenience Store Hair Design by ... Hair Salon Bonato MD Aesthetics Spa & Massage Center SalonCentric (Bike/Boat/Book/etc) Store Tanning / Nails Nail Salon

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Law Firm Kitchen & Bath Showroom Electrical Service Building Supply

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,751
Businesses Nearby
672k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 26% Shops & Services 23% Superstores 22% Apparel 17%
Target Superstores
116,381 visits/mo 0.3 miles
In-N-Out Burger Dining
64,507 visits/mo 0.4 miles
Trader Joe's Groceries
43,025 visits/mo 0.4 miles
Kohl's Apparel
43,012 visits/mo 0.3 miles
Barnes & Noble Shops & Services
31,850 visits/mo 0.0 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - West end cap space in Medford strip center for rent.
Where is this strip mall located?
The property is located at 1112 Progress Dr Medford, OR.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High visibility with west end cap location.; Located in a nice strip center.; Adjacent to People's Bank, providing established customer traffic.
(541) 773-5391 Call to check price and availability
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