401 Crater Lake Ave
Medford, OR 97504

The subject property is an 8,532 square foot office building with a ninety percent physical occupancy and leased to a quality mix of local, regional, and national tenants. The largest tenant at the property, Breeze Financial Solutions, will sign a new lease at close of escrow, with that income being guaranteed. Annual income will be further enhanced by a ten percent rental increase for American Family Insurance in September of 2016. The property is highly visible off Crater Lake Avenue with daily traffic counts exceeding 16,000 vehicles per day and in close proximity to Interstate five with traffic counts exceeding 52,000 vehicles per day. The office building is well positioned to the adjacent Tinseltown Shopping Center which includes national retailers Cinemark, Safeway, Starbucks, Sears, Rite-Aid, Bank of America, Red Robin, Jimmy John' s, Ashley Furniture Home Store and Cold Stone Creamery. Office space nearby includes Pain Specialists of Southern Oregon and Medford Rehabilitation and Healthcare Center. Medford is a city in Jackson County, Oregon. As of 2013, the city had a total population of 77,677 and a metropolitan area population of 208,545, making the Medford MSA the fourth largest metro area in Oregon. Medford is located approximately 27 miles north of the northern California border, 75 miles from the Pacific Ocean, with nearby cities including Grants Pass, Klamath Falls, Ashland, Roseburg, Redding (California), and Crescent City (California).