1. Oregon
  2. Medford
  3. 4411 Brownridge Terrace
$2,390,000

4411 Brownridge Terrace, Medford, OR 97504

  • 8,850 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2009
  • Property Lot Size Icon0.54acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $270/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Beautiful, Long term NNN leased dental building lot located in the prestigious East Medford area. PremierCare Dental Centers has leased this property since February 6, 2015 on their original 15 year lease (expires Feb. 6, 2030). With 3% Annual Escalators, and a 5% management fee (not included in the NOI) this opportunity offers a great return. The building currently has approx. 6,877 square feet finished with an additional 2,000 sf of unfinished storage area in the basement portion of the building. Currently, PremierCare utilizes approx. 200 sf. of the basement with the remaining 1,800 sf. being vacant storage. Please note that although the property historically has been single tenant, Landlord has the right to lease the 2nd floor (+- 1,500 sf), basement (+- 2,000), to another tenant with no reduction of current Base Rent. Landlord has given permission to Tenant to occupy the loft and a portion of the basement, until such time as Landlord wishes to find another tenant.

Listing Status:
Active
Date Added:
June 25, 2025 at 05:00AM
Listing Office:
Merit Commercial RE, LLC : 541-608-6704
MLS ID:
220204625
  • Basement: Daylight
  • Flooring: HardwoodStoneTileVinyl
  • A/C: Heat Pump
  • Heating: Heat PumpNatural GasOther

This listing courtesy of Merit Commercial RE, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lone Pine Elementary School

3158 Lone Pine Rd, Medford, OR, 97504

Grades KG-6

1.38 miles away

H

Hedrick Middle School

1501 E Jackson St, Medford, OR, 97504

Grades 7-8

2.40 miles away

N

North Medford High School

1900 N Keene Way Dr, Medford, OR, 97504

Grades 9-12

2.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.