1600 Coker Butte Rd - Flex FOR SALE


Medford, OR 97504
$2,450,000 USD
541-944-9967
1600 Coker Butte Rd, Medford, OR for Sale
$2,450,000 USD
Flex - FOR SALE
1/67
null | Request Cap Rate

NEW


1600 Coker Butte Rd
Medford, OR 97504


OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present for sale 1600 Coker Butte Road, a highly-visible flex industrial asset located in beautiful Medford, Oregon (the "Subject Property"). A trophy automotive-focused property, the Subject Property is a highly flexible corner site and has served well for a variety of users, including car rentals, car sales and service, and RV sales and service. The front showroom and office building is an expansive clear-span steel-frame building originally built in 2001. The shed roof allows for abundant natural light into the clear-span showroom floor, while the high-quality finishes and stucco exterior create a modern and retail-focused aesthetic. Inside, the open-concept central core leads to several private offices, kitchens, breakroom, storage, and more. The interior layout is well-designed and flexible for nearly any user. Outside, the Subject's 3.66 acres lot is 100% fully paved and lighted, an extremely rare characteristic in Southern Oregon and the perfect inventory display space. The expansive paved yard appears to be well-maintained, with recent striping and pleasant landscaping. While not currently fully fenced, vehicle access is controlled via only two dedicated driveways which could be gated. The rear shop building is a similar clear-span steel-frame building with matching exterior styling. Enjoying a dedicated public entrance with a service counter, private offices, kitchen and restroom, the shop includes (6) 10'x10' overhead doors, 4 hydraulic lifts, multiple gas heaters, in-slab drains, and 16' max clear height. While originally designed to best fit an automotive sales/service user, the Subject Property is a strong fit for a wide variety of users seeking the winning combination of strong visibility, great retail space, best-in-class paved and lighted yard, and an on-site service shop, all within the growing north Medford neighborhood. Prospective buyers are encouraged to submit all proposals. Contact brokers to arrange a tour and get more information.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1660 Coker Butte Rd

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

3.66

LAND SF

159,430

ZONING

I-L

APN/PARCEL ID

10722349

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.