The RE/MAX Platinum Commercial Group is pleased to offer for sale the South Riverside Warehouse Complex located in Medford, OR.  The South Riverside Warehouse Complex has been a premier industrial center since it was built in 1972.  Due to its close proximity to I-5 and ease of access to and from the main arterial streets, the property has experienced historically low vacancy and a high demand for space from prospective tenants. Due to this demand, lease rates have been increased consistently over time and reflect a market standard rate. Due to current market conditions additional increases can be expected over time.

95% LEASED

Current tenants consist of a broad spectrum of services & operations. 

STABLIZED AT MARKET RENTS WITH GREAT TENANT MIX

For the most part, existing rents are at market value when compared to other local industrial buildings. With Owner approval, many tenants have made significant investments in improvements for their operations. This has created a significant group of dedicated tenants.  Tenants are in the following professional businesses; appliance repair, storage, agriculture production & packaging.

LITTLE OR NO NEW CONSTRUCTION

Currently, no new construction is underway in the area.  There are several build to suite, however little or no new modular warehouse space is available.

GREAT LOCATION

Businesses are attracted to the South Riverside area which boasts superior accessibility to I-5, a friendly business environment, and relative affordability of living when compared to the greater Medford Metro area.

PROXIMITY TO AMENITIES

The project is close to dozens of restaurants and retail shops; the most notable being Bear Creek Mall.

PARKING

The property has an above average amount of parking and heavy trailer storage on site.

FUNCTIONAL ASSEMBLY/MANUFACTURING SPACE

The buildings are front loaded with a focus on assembly, manufacturing and light distribution.

FAVORABLE FINANCING MARKETS

Stabilized properties are achieving great financing packages including the terms and rates. Mid-to entry-level investors, banks, credit unions, life companies, and CMBS would all be viable options for the buyer.