34 E Vilas Rd, Medford, OR 97502
- Commercial kitchens
- 364 SF
- 0.71 lot acres
Current Use by Public Records
- 7-Eleven / Gas Station
Property Details for 34 E Vilas Rd
- Lot size
- 0.71 lot acres
- Zone code
- AD-MU
- Property type
- Commercial kitchens
- Property subtype
- Commercial kitchens
- APN
- 1-0461250
- APU
- 10461250
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 13, 2025 | $6,737,000 | Genesee Properties LLC | Wf Vilas LLC | Special Warranty Deed | — |
| Jan 24, 2023 | — | 7 Eleven INC | Wf Vilas LLC | Lease | — |
| Jun 30, 2022 | $846,000 | Tjj LLC | Jennifer Sullivan | Warranty Deed | — |
| Jun 24, 2022 | $420,000 | Wf Vilas LLC | Jennifer Sullivan | Warranty Deed | $4.4M · First Interstate Bank |
| Jan 30, 2014 | $987,000 | Tjj LLC | Bever,cherry | Grant Deed | — |
| Jan 30, 2014 | $754,183 | Jennifer Sullivan | Tjj LLC | Grant Deed | — |
| Oct 27, 2008 | — | Jennifer Sullivan | Tjj LLC | Grant Deed · related | — |
| Aug 4, 2006 | — | Cherry Bever | Bever,clyde L | Quit Claim Deed · related | — |
| Jul 23, 2004 | $26,790 | Jackson County (or) | Bever,clyde L | Grant Deed | — |
| Jul 23, 2004 | — | Jackson County (or) | Tjj LLC | Grant Deed · related | — |
| Apr 30, 2004 | $1,087,000 | Tjj LLC | Bever,clyde L | — | — |
| Sep 4, 2003 | $30,240 | Jackson County (or) | Bever,clyde L | Grant Deed | — |
| Jun 26, 1990 | $145,000 | — | Bever,clyde L | Grant Deed · related | — |
| Dec 21, 1984 | — | Bever,clyde L | Rogue,vly Livestock Auction | Grant Deed · related | — |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $610,000
- ML approach
- $595,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.885
- Latitude
- 42.3889
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA
