34 E Vilas Rd Medford, OR 97502
For Sale
This exceptional investment opportunity presents a brand-new, 4,088 square foot 7-Eleven convenience store and gas station located at 34 E Vilas Rd, Medford, Oregon 97502. Built in 2023, this single-story property sits on a 1.45-acre lot and boasts 23 parking spaces. The property benefits from a highly visible corner location at the intersection of Table Rock and Vilas Roads, with exposure to over 20,000 vehicles daily. The 15-year NNN lease with 7-Eleven, a premier investment-grade tenant, commenced in April 2023. This is a triple-net (NNN) lease, meaning the tenant is responsible for most operating expenses, minimizing landlord responsibilities. The asking price is $6,737,000, representing a 5.30% cap rate. The Medford MSA is Oregon's fourth largest metro area, and the property's proximity to the Rogue Valley International Medford Airport, offering direct flights to major West Coast cities, further enhances its desirability. This is a rare opportunity to acquire a high-performing asset with a long-term lease from a financially stable, nationally recognized brand. The property's APN is 11012530. This investment offers strong cash flow and significant long-term growth potential.
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7-Eleven Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
AD-MU · Medford, ORMedford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.