AutoZone in Medford,
For Sale
Contact for pricing
Medford Ctr, Medford, OR
NN leased AutoZone with 15-year primary term.
Property Size35,238 SF
Lot Size3.07 Acres
Price / SF$200.47
Days on Market433
Property Features for Medford Ctr
General Information
Standard status
Active
Size
35,238 SF
Lot size
3.07 Acres
Property subtype
RETAIL
Listing Agency:
JLL | Miami
(305) 704-1403
Listed By:
Alex Sharrin · License #475170243
(305) 913-5545
Source:
Moodyscre
Added: Aug 26, 2025
Changed: Oct 26
Last Checked: Nov 1 at 7:42AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 15‑year primary lease term provides long‑term stability.
- NN lease structure minimizes landlord responsibilities.
- Investment‑grade credit tenant (AutoZone) reduces risk.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$487,511
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,750,220
$9.8M
Cap Rate 7%
$6,964,443
$7.0M
Cap Rate 9%
$5,416,789
$5.4M
Market Conditions
NOI Build-Up for 35,238 SF
Gross rent
$761.1K $21.60/SF
− Vacancy
−$64.7K −$1.84/SF
EGI
$696.4K $19.76/SF
− OpEx
−$208.9K −$5.93/SF
NOI
$487.5K $13.83/SF
Area
Jackson County, OR
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,750,220
Cap Rate 7%
$6,964,443
Cap Rate 9%
$5,416,789
Alternative Uses
Best Use
Retail
$6.96M
$6.09M – $8.13M
NOI $487,511 @ 7.0% cap · market cap 6.90%
Second Best
Industrial
$3.21M
$2.81M – $3.75M
NOI $224,743 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$8.51M
$7.44M – $9.92M
NOI $595,381 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,699
Businesses Nearby
450k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Shops & Services 25%
Apparel 14%
Leisure 13%
Cinemark Tinseltown USA
Leisure
56,946 visits/mo
0.2 miles
Safeway
Groceries
39,088 visits/mo
0.3 miles
Burlington
Apparel
37,487 visits/mo
0.1 miles
Big Lots
Superstores
28,312 visits/mo
0.4 miles
Dollar Tree
Shops & Services
24,810 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
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- Enterprise Truck Rental — 610 N Central Ave, Medford, OR 97501
- Enterprise Rent-A-Car — 610 N Central Ave, Medford, OR 97501
Frequently Asked Questions
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.
