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123 Phoenix Rd
Phoenix, OR 97535

$2,400,000 USD

Fast Food For Sale  •  2,165 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,200 SF
• Lot Size 0.46 AC
• Year Built 2025
• Tenancy Single
• Zoning C-1

0 Transit Score

57 Walk Score

Highlights

2025 build-to-suit for an investment-grade tenant (BBB+, S&P).

10-year NNN lease with 10% rent bumps every five years, including at the start of each of four 5-year options.

Prominent hard corner at the signalized intersection of Pacific Hwy (15,100 VPD) and N Phoenix Rd (12,476 VPD), with immediate access to I-5 Exit 24.

Across from Ray’s Food Place, a regional grocer drawing 180K+ annual visits; nearby national co-tenancy includes McDonald’s, Dutch Bros, & Home Depot

Only Starbucks in Phoenix; the nearest location is ~3 miles away in Medford.

Starbucks rationalized the trade area—retaining this site while closing one Ashland store and three Medford stores.

Property Flyers

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Amenities

• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Rogue Valley International - Medford	15 min	-	8.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	16
Type:	Surface
Included in Rent:	Yes