Medford, Oregon, a city with a population of around 90,000, is an ideal location for a restaurant, offering a unique blend of small-town charm and urban amenities. With its rich history, Medford has established itself as a hub for commerce, education, and entertainment, making it an attractive spot for businesses. The city's infrastructure, including major highways like Interstate 5, Highway 99, Highway 62, and Highway 238, as well as the Rogue Valley International-Medford Airport, provides easy access to nearby cities and attractions. Additionally, Medford is home to prominent institutions like Asante Rogue Regional Medical Center, Lithia Motors, and Harry & David, which contribute to the city's thriving economy. The city's educational landscape, featuring Rogue Community College and Southern Oregon University, also attracts a diverse range of students and professionals. With its Mediterranean climate, scenic parks like Bear Creek Park and Prescott Park, and proximity to natural wonders like Crater Lake, Medford offers a unique quality of life that is hard to find elsewhere.
With 4 restaurants for lease in Medford, entrepreneurs and investors have a wide range of options to choose from. Medford's restaurants, situated near popular attractions like the Craterian Ginger Rogers Theater and the Cooley-Neff Warehouse, offer a unique dining experience that combines local flavors with small-town charm. In addition to restaurants, Medford also boasts a range of other commercial properties, including retail spaces, commercial real estate, and flex spaces. For instance, retail spaces in Medford's downtown area offer a prime location for businesses looking to capitalize on the city's foot traffic. Commercial real estate in Medford, with its proximity to major highways and the airport, is ideal for companies seeking to establish a strong presence in the region. Meanwhile, flex spaces in Medford provide a versatile option for businesses that require a combination of office and warehouse space. Overall, Medford's diverse range of commercial properties makes it an attractive location for businesses of all types.
How are restaurant leases typically structured?
Restaurant leases in Medford, Oregon are typically structured to accommodate the unique needs of food service businesses, with average annual rent per square foot ranging from $23 USD and average space sizes of 5,173 square feet, up to a maximum of 9,170 square feet.
Lease terms often include a combination of base rent, triple net (NNN) fees, and percentage rent, with lease durations typically ranging from 5 to 10 years, allowing restaurateurs to establish a strong presence in the local market, which is supported by a population of around 90,000 people and a strong tourism industry.
What kitchen equipment is usually included in restaurant leases?
When exploring restaurants for lease in Medford, Oregon, you'll typically find that kitchen equipment is included in the lease, which may vary depending on the specific property and landlord. Generally, you can expect to find essential equipment such as commercial-grade refrigerators, freezers, ovens, stoves, dishwashers, and sinks, but it's essential to review the lease agreement to confirm what's included and what you'll need to provide or purchase separately.
