800 Cardley Ave Medford, OR 97504

This exceptional single-tenant office building presents a compelling investment opportunity in Medford, Oregon. Located at 800 Cardley Ave, this 13,257 square foot Class B property boasts a 100% occupancy rate, secured by a net lease with the State of Oregon. Built in 1973, the single-story building sits on a 0.84-acre lot and is zoned C-C. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $191,763 in 2021, translating to a 7.00% cap rate and a price per square foot of $206.68. The asking price for the building is $2,740,000. An adjoining parking lot, also leased to the State of Oregon, is available for separate purchase at $342,000. This investment offers a stable, long-term income stream with a highly reputable tenant in a desirable location near Medford's financial center. The property's single-tenant occupancy minimizes management complexities, making it an attractive option for investors seeking a low-risk, high-return investment. The property's APN is 10328070. This is a rare opportunity to acquire a fully leased, income-producing asset in a thriving Oregon market.