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601 Crater Lake Ave
Medford, OR 97504

$12,192 USD/MO

Bank For Lease  •  10,160 SF

Property Details

  • Property Type Bank
  • Year Built 1994
  • Total Building Size 39,096 SF
  • Tenancy Multiple
  • Zoning C-C
31 Transit Score
81 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Lower Level Office/Retail 10,160 SF $14.40 USD/SF/YR
Large professional office space beneath Chase Bank in one of Southern Oregon's most unique properties. Space includes 5 private offices, 3 large rooms for shared working space, a center conference room, 1 mens bathroom, 1 women's bathroom with a changing room, a file vault, data room, storage, and a kitchenette. The lower level is services by an interior staircase and an exterior door that is potentially ADA accessible. This unique space offers over 10,000 sqft of professional office space that combines an open floor plan, private offices and restrooms with changing rooms, lots of storage, and a dedicated data room. Located on the lower level of a one-of-a-kind building, this space features windows on almost all sides, two private entrances, lots of parking, and lots of opportunity. High-traffic area, long-term professional neighbor.

Possible TI allowable for demising space based on lease terms. Possible grant money for ADA conversion. NNN terms. Lessee to conduct due diligence. Space can be demised to smaller suites for mixed uses. Lessor may contribute to demise or improvements depending upon lease terms offered.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet

Description

Located in the heart of Medford, OR along one of the main service tributaries of Crater Lake Avenue, this property is across from the recently modernized Medford Center regional shopping center, which features tenants such as Cinemark Theaters, Safeway, Ross Dress 4 Less, John L. Scott Medford, Tap & Vine at 559, Jimmy Johns, Oregon Department of Motor Vehicles, and more. The general area surrounding the property is comprised of affordable and workforce multifamily housing to the west, and middle class single family housing to the east, along with a variety of A - C class commercial strip malls and multi-use buildings. The property itself features beautiful landscaping features surrounded by a unique octogonal two-level building with generous parking. The building's top floor has been leased by J.P. Morgan Chase Bank for several decades and is commonly known as their flagship retail space in Southern Oregon. The bottom floor is vacant, and offers retail or professional office space to a multitude of perspective tenants.

Highlights

Downtown Medford
High Traffic
Mixed Residential Surrounding

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Rogue Valley International - Medford 7 min - 3.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 41
Type: Surface
Included in Rent: Yes
Mason McKinney 541-734-5500 Remax Platinum
Mason McKinney 541-734-5500 Remax Platinum