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Property profile & analytics
FOR LEASE
Super regional malls

2324 Poplar Dr Medford, OR 97504

162,647 SF 1.98 ac lot
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-1134751
Property summary
AI-generated overview

Poplar Square offers a prime retail opportunity in Jackson County, Oregon. This vibrant shopping center boasts a total of 162,647 square feet on a 10.91-acre lot, zoned C-C (Commercial-Community) and identified by APN 10720514. Currently, 5,122 square feet of retail space is available for lease, ideally situated in the southeast corner of the center, adjacent to the soon-to-open Sola Salon Studios (opening 2024). The center enjoys a high-traffic location near the North Medford interchange and Highway 62, benefiting from excellent visibility and accessibility. Existing tenants include well-established national brands such as Best Buy, Ross, Joann Fabrics, and Aaron's, ensuring a strong tenant mix and consistent foot traffic. The available space is suitable for a variety of retail uses and offers negotiable concessions. The owner is also open to discussing tenant improvement allowances for qualified applicants. This presents a unique chance to establish a business in a thriving retail environment with strong anchor tenants and high consumer traffic. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a busy commercial area.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Total area 162,647 SF
Lot 1.98 ac (86,249 SF)
Zoning code C-C
APN 1-0720514
UPID US71-1134751
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.04M
Blend (final) Blend
$13.69M
Owner & transaction history
Psc Medford LLC · 19 yrs held
Psc Medford LLC
since 2006
7 recorded transactions
2016
Price N/A
2006
$15.2M
2003
Price N/A
1996
Price N/A
1985
$10.9M
1985
$10.9M
1984
Price N/A
Zoning & alternative use
C-C · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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