817 O'Hare Parkway, Medford, OR 97504

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List Price
$2,100,000
Status
ACTIVE
Days on Market
32
MLS#
220229223
Subtype
Commercial Sale
Year Built
2020
Lot Size
18,295
Acres
0.42

Property Description

Approx. 7% cap rate at current rents! Two-building professional office investment in a desirable Medford business district just minutes from the I-5 as well as the Rogue Valley International-Medford Airport. Financials and Offering Memorandum available upon request. 821 O'Hare Pkwy, built in 2010, offers 3,716 SF configured into four separate office suites--two up and two down. Each suite features private offices, open workspace, kitchenette, restroom, IT closet, separate HVAC and internet, plus individually metered water and power. 817 O'Hare Pkwy, built in 2020, offers 3,289 SF with striking contemporary architecture, floor-to-ceiling glass, abundant natural light, reception, executive offices, multiple restrooms, flexible open workspace, kitchenette/breakroom and private patio. Attractive landscaping, on-site parking, established tenancy and lease-up upside complete this compelling income-producing opportunity.

Additional Information

Interior Features
Granite Counters
Taxes
$14,458
Zoning
I-L
Flooring
Carpet, Tile, Vinyl
Heating
Electric, Heat Pump
Air Conditioning
Central Air, Heat Pump
Stories
Two
Levels
Two
Roof
Membrane, Metal
Foundation
Concrete Perimeter
Parking Features
Parking Lot

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Listing courtesy of eXp Realty, LLC.

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