LISTING DETAILS

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

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	0
Vacancy Factor %	0.00%
Operating Expenses	0
Net Operating Income	0
CAP Rate	6.70 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00
Total Units	31

Retail Information
Signage	Signage on Building and Freestanding

Retail Asset Class Info
Crane Tonnage	0

Building Information
Building Status	Existing
# of Buildings	6
# of Floors	1
# of Units	31
Total Building SF	189,670 SF
Net Rentable Area	189,670 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	737,471 SF
Acres	16.93
Year Built	1977
Year Renovated	2022

Property Type
Property Type	Retail

Location
County	Jackson
Market Area	Not Assigned
Tax ID #	10712345
Zoning	C-C

Parking Information
#Covered Spaces	0
# Uncovered Spaces	682
Total Parking Spots	682

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