Rogue Valley Mall - Sale_Property for Sale
Rogue Valley Mall - Sale_Property for Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US

Rogue Valley Mall - Sale

Asset description

Rogue Valley Mall (the “Property” or “Mall”) is a two-level, regional mall located at 1600 N Riverside Ave, Medford, Oregon and situated on approximately 50.5 acres, 36.6 of which are owned. The Mall enjoys a highly accessible location along Interstate-5 (~42,700 VPD), the main north–south Interstate Highway on the West Coast of the United States, and an extensive trade area with the next nearest enclosed mall more than 150 miles to the south. The Property consists of approximately 644,332 square feet of gross leasable area (“GLA”) and includes anchors Macy’s (104,409 SF; Non-Owned), JCPenney (86,145 SF; Owned), Macy’s Backstage (84,480 SF; Owned), and Kohl’s (81,950 SF; Non-Owned).

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Attributes

Building area net
59,860 sm
Occupancy
91.6%
Year built
1986
Year renovated
2005
Land area net
20.44 ha

Media

Investment highlights

  • Durable NOI
  • Healthy Occupancy Costs
  • Limited Direct Competition
  • Excellent Location / Access
  • Sales Tax Free State 
  • Large National Retailer Presence in Medford
  • Strong Demand Drivers
  • Attractive Box Repositioning
  • Additional Upside Potential


Rogue Valley Mall - Sale 4_Property for Sale
Rogue Valley Mall - Sale 4_Property for Sale

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Rogue Valley Mall - Sale (0 Properties)

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Last updated
Sep 26, 2024