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Off Market
1/2

3425 Crater Lake Hwy
Medford, OR 97504


HIGHLIGHTS

  • Out parcel to Crater Lake Plaza (Safeway Supermarket, Lowes Home Improvement, Walmart)
  • High identity parcel on Highway 62.
  • 1 acre parcel with 8,100 sf retail building
  • Short term lease with value add upside

OVERVIEW

3425 Crater Lake Highway in Medford, Oregon is a single tenant building leased to a national life sciences company, Velocity Clinical Research. After a 24 year occupancy by Pier 1 Imports, this well located building was immediately leased by Velocity to conduct Covid 19 vaccine studies. Velocity is hired by companies to simplify and streamline to process of selecting facilities, patient recruitment, study management, billing and payment.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Velocity Clinical Research

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

8102

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

10873869