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    AutoZone in Medford, Oregon Title is generated by Realmo AI

    Medford Ctr, Medford, OR

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    NN leased AutoZone with 15-year primary term.

    Type:RETAIL
    Property size:
    35,238 SF
    Lot size:
    3.07 Acres
    Price / SF:
    $200/SF
    Added:
    Aug 26, 2025
    Days on Market:
    315
    Last Refresh:
    May 20 at 9:00 pm

    Property Features for Medford Ctr

    General Information

    Standard status
    Active
    Size
    35,238 SF
    Lot size
    3.07 Acres
    Property subtype
    RETAIL

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    Alex Sharrin

    Listing office JLL | Miami

    Listing date Aug 26, 2025

    Source Moodyscre

    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 JLL | Miami

    HighLights

    • 15‑year primary lease term provides long‑term stability.
    • NN lease structure minimizes landlord responsibilities.
    • Investment‑grade credit tenant (AutoZone) reduces risk.
    • Located in Medford, Oregon, a fast‑growing city.
    • 7.0% rent escalations every 5 years increase income.
    • Four, five‑year renewal options offer extended potential income.

    Overview

    The property offered for sale is an AutoZone located at 981 Medford Center in Medford, Oregon. The property is subject to an NN lease with AutoZone as the tenant. The lease has a primary term of 15.0 years, with 7.0% rent escalations every 5 years and throughout the four, five-year renewal options. Landlord responsibilities are minimal. The property is located within one of Oregon’s fastest growing cities.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $761.1k $21.60
    − Vacancy −$64.7k −$1.84
    EGI $696.4k $19.76
    − OpEx −$208.9k −$5.93
    NOI $487.5k $13.83
    35,238 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $6.96M
    $6.09M – $8.13M (±1% cap)
    NOI $487,511 @ 7.0% cap · market cap 6.90%
    Second Best
    Industrial
    $3.21M
    $2.81M – $3.75M (±1% cap)
    NOI $224,743 @ 7.0% cap · market cap 3.18%
    Theoretical Best
    Office A
    $8.51M
    $7.44M – $9.92M (±1% cap)
    NOI $595,381 @ 7.0% cap · market cap 8.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Automotive properties

    Map

    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.87
    Latitude
    42.3331

    FAQs

    What type of property is this?
    Automotive property - NN leased AutoZone with 15-year primary term.
    Where is this automotive property located?
    The property is located at Medford Ctr Medford, OR.
    What is the asking price?
    The asking price for this property is $7,064,000.
    What are key features of this property?
    This property features: 15‑year primary lease term provides long‑term stability.; NN lease structure minimizes landlord responsibilities.; Investment‑grade credit tenant (AutoZone) reduces risk.
    (305) 913-5545 Call to check price and availability
    More about this property
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