1586 Delta Waters Rd Medford, OR 97504

Property Details for 1586 Delta Waters Rd

Year built

2014

Lot size

0.06 lot acres

Property size

2,660 SF

Zone code

I-L

Property type

Commercial real estate

APN

1-0998622

APU

10998622

Description

This exceptional Class A executive office building, located at 1586 Delta Waters Rd in Medford, Oregon (zip code 97504), presents a compelling investment opportunity. Built in 2014, the property boasts 2,660 square feet across two units, situated in a high-traffic area where Delta Waters Road meets Lear Way. The building's strategic location within a thriving power center, near Lowe's, ensures high visibility and accessibility, making it ideal for businesses in building-related sales or other retail services. The property is zoned C-R and offers a triple-net (NNN) lease structure, minimizing landlord responsibilities. With a strong cap rate of 3.76%, this property represents a solid return on investment. Daily traffic counts in 2016 reached 10,700 vehicles, highlighting the significant potential for customer engagement. The building's modern design and prime location make it an attractive option for discerning tenants and investors alike. This is a single-tenancy property offering a stable income stream. The asking price is $1,550,000. This is a rare opportunity to acquire a high-quality, well-located commercial property in a rapidly growing area of Medford, Oregon.