Long-Term Lease with Established National Operator: Single-tenant property leased to Classic Collision through July 31, 2031, providing durable cash flow and near-term income certainty.
Attractive Built-In Rent Growth: Lease features 2% annual rent increases, delivering consistent income growth and a hedge against inflation.
Fair Market Rent Upside at Option Periods: Lease includes fair market rent adjustments at the commencement of each renewal option, offering meaningful long-term NOI upside.
Highly Ranked Location with Strong Demographics: Property location ranks in the 84th percentile nationally and is the #1 ranked location in the state of Oregon, according to Alpha Maps.
Functional, Modern Automotive Facility: ±8,000 SF building (with additional 2,000 SF of Breeze-way) situated on a ±1.36-acre parcel, originally constructed in 1997, offering efficient site coverage and operational flexibility.
Strong Real Estate Fundamentals: Large land-to-building ratio provides long-term residual value and potential adaptability for future automotive or service-oriented users.
Strategic Rogue Valley Location: Central Point location benefits from proximity to Medford and regional transportation corridors, serving as a hub for Southern Oregon commerce and population growth.
Passive Investment Profile: Long-term lease structure and predictable rent increases make the asset well-suited for 1031 exchange buyers and passive investors seeking stable returns.
Limited Competition and High Barriers to Entry: High site ranking and limited availability of comparable automotive facilities support long-term tenant retention and value preservation.