For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

800 Cardley Ave Medford, OR 97504

For Sale
$2,740,000

Fully Leased, High-Yield Investment

Property size:
13,257 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional single-tenant office building presents a compelling investment opportunity in Medford, Oregon. Located at 800 Cardley Ave, this 13,257 square foot Class B property boasts a 100% occupancy rate, secured by a net lease with the State of Oregon. Built in 1973, the single-story building sits on a 0.84-acre lot and is zoned C-C. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $191,763 in 2021, translating to a 7.00% cap rate and a price per square foot of $206.68. The asking price for the building is $2,740,000. An adjoining parking lot, also leased to the State of Oregon, is available for separate purchase at $342,000. This investment offers a stable, long-term income stream with a highly reputable tenant in a desirable location near Medford's financial center. The property's single-tenant occupancy minimizes management complexities, making it an attractive option for investors seeking a low-risk, high-return investment. The property's APN is 10328070. This is a rare opportunity to acquire a fully leased, income-producing asset in a thriving Oregon market.

Property Features for 800 Cardley Ave

General Information

Property type
Office Properties & Spaces
Square Feet
13,257 SF
Class
B
Lot Size
36,590 SF

Building Details

Year Built
1973
Stories
1
Units
1

HighLights

  • Exceptional single‑tenant office building investment opportunity in Medford, Oregon.
  • 13,257 square foot Class B building on a 0.84‑acre lot, located at 800 Cardley Ave.
  • 100% occupancy with a net lease to the State of Oregon.
  • $2,740,000 asking price, with a $191,763 NOI in 2021 (7.00% cap rate, $206.68/SF).
  • Adjoining parking lot available for separate purchase at $342,000.
  • APN: 10328070.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Dental Office Hair Salon Spa & Massage Clothing Store Food Market Nail Salon Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Medford
County
Jackson
State
Oregon
Longitude
-122.8677105
Latitude
42.337822

FAQs

What type of property is this?
Office Property / Space - Fully Leased, High-Yield Investment
Where is this office property / space located?
The property is located at 800 Cardley Ave Medford, OR.
What is the asking price?
The asking price for this property is $2,740,000.
What are key features of this property?
This property features: Exceptional single-tenant office building investment opportunity in Medford, Oregon.; 13,257 square foot Class B building on a 0.84-acre lot, located at 800 Cardley Ave.; 100% occupancy with a net lease to the State of Oregon.
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