30 Rossanley Drive
assumable ground lease on the prime highest traffic corner in town
Marketing description
Please note that the property is available for assignment or sub-lease of the existing ground lease only
Welcome to 30 Rossanley, one of the most desirable retail corners available in Southern Oregon.
Exceptionally sited with ±465' of direct frontage onto Highway 62 and North Riverside, the site has unimpeded line-of-sight to a combined 40,000+ VPD. 30 Rossanley is the prime corner of the ''Big X'' intersection less than a half-mile from Exit 30 on I-5, and is perfectly positioned for a variety of retail or medical uses.
The offering includes extensive plans for a high-end medical clinic buildout, although developers are by no means limited to that use. The area surrounding the subject property is rapidly growing and becoming a cohesive, walkable neighborhood with the addition of Northgate Village, a 350+ unit luxury apartment complex in the Northgate Marketplace. Please note that the property is available for assignment or sub-lease of the existing ground lease only. View more info and complete NDA at MedfordGroundLease.com
Investment highlights
Prime location: 30 Rossanley is situated on one of the most desirable retail corners in Southern Oregon.
High Visibility: The property boasts ±465' of direct frontage onto Highway 62 and North Riverside, providing unimpeded line-of-sight to a combined 40,000+ vehicles per day (VPD).
Strategic Intersection: Positioned at the prime corner of the ''Big X'' intersection, less than half a mile from Exit 30 on I-5, enhancing accessibility and exposure.
Versatile Use: Ideal for various retail or medical purposes, with extensive plans available for a high-end medical clinic buildout.
Growth Potential: The surrounding area is experiencing rapid growth, transforming into a cohesive, walkable neighborhood. The addition of Northgate Village, a 350+ unit luxury apartment complex in the Northgate Marketplace, contributes to the area's development.
Proximity to Amenities: Conveniently located near Northgate Village, providing access to a thriving residential community.
Opportunity for Developers: While the property includes plans for a medical clinic, developers are not limited to this use, allowing for flexibility in development options.
Accessibility: Close proximity to Exit 30 on I-5 enhances accessibility for both local and regional traffic.
Existing Ground Lease: The property is available for assignment or sub-lease of the existing ground lease, providing potential investors with a structured leasing arrangement.
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