930 Biddle Rd
Medford OR 97504

Bear Creek Plaza | Value-Add Shopping Center | 9.64% Stabili

930 Biddle Rd Medford OR 97504

Listing #: 672833 | Status: Pending | Last Modified: 8/13/2024 |

For Sale
Clayton Brown
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 22,850,000.0
  • $/SF$ 120.5
  • Listing StatusPending
  • Days on Market347
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.70 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units31
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings6
  • # of Floors1
  • # of Units31
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF189670
  • Net Rentable Area189670
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF737471
  • Acres16.93
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyJackson
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaNot Assigned
  • Tax ID #10712345
  • Additional Parcels
  • ZoningC-C
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces682
  • Total Parking Spots682
  • Parking Ratio
Construction
  • Year Built1977
  • Year Renovated2022
  • Completion Date
  • Roof Type
  • Construction Type

Bear Creek Plaza

Public Comments

- Marcus & millichap’s brown retail group has been selected to exclusively market for sale bear creek plaza, a unique opportunity to purchase a dominate, 188,759 sf shopping center located adjacent to I-5 (105,000+ vpd) in medford, or. - Bear creek plaza is currently 76% occupied with immediate upside by leasing three vacant suites. - The property has performed well historically, with roughly 68% of the gla having occupied the property for at least 10 years with the three anchor tenants, bi-mart, big lots and dollar tree having occupied the center since 1977, 2000, and 2000, respectively. - The property features a strong credit tenant presence with 65% of the income stream coming from national or regional tenants. - The property also contains six, free-standing buildings providing an