$1,500,000
110-150 Hawthorne, Medford, Ore
Details
Property Type Office, Special Purpose
Sub Type Medical Office, Creative Office
Square Footage 6,794
Net Rentable (SqFt) 6,794
Units 40
Cap Rate 6%
NOI $90,000
Occupancy 100%
Tenancy Multi
Lease Type Absolute NNN
Lease Expiration 04/30/2026
Rent Bumps Yes
Price per SqFt $221
Broker Co-Op No
Class A
Year Built 1961
Buildings 2
Acreage 0.680
Zoning C-C
Parking Spaces 40 spaces
Parking Per SqFt 5.89
Ground Lease No
Sale Condition 1031 exchange
Commercial investment property, long term tenants. Adjacent to future convention center, Creekside.
Marketing description
Commercial investment property, long term tenants, office building with Personnel Source and Mr. D’s Insurance, and the landmark Parkside café. Both buildings have newer roofs and new HVAC systems. Across Hawthorne Street from Hawthorne Park. Ample parking, 40 spaces paved lot.Rents have not been raised since pre Covid.
Investment highlights
6,794 square feet - two buildings
Long term tenants, leave agreements
Parkside Cafe
Personnel Source/AIC Insurance
Highly visible property
Adjacent to Hawthorne Park
Separate meters
Don’t bother tenants
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,000.00
$7,500.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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