Sage Road Mini Storage

Property Title

1933 Sage Road
Medford, OR 97501

investment highlights

  • Located in a Dense Industrial Area Near Numerous Small Businesses
  • Full Perimeter Fencing with Electronic Gate Access
  • Currently 93.3 Percent Physically Occupied
  • Medford MSA Grew 8.05 Percent in Population from 2010-2018

property summary

Sage Road Self Storage is in the southern Oregon city of Medford. This facility is 93.3 percent physically occupied and has a leasing office staffed 30 hours per week, Monday through Friday. Sage Road Self Storage has strong demographics within three miles consisting of a 73,000 population with an average household income of $56,340. the facility is in an industrial part of Medford on the well traveled Sage Road with 9,500 vehicles per day. The asphalt driveways are in good condition. Rogue Valley Mall and Interstate 5 are only one mile away. Security measures include a chain link fence and two keypad controlled gates. This property has a managers apartment and the storage units are all drive-up non climate controlled.

Sage is in the Medford MSA, a 220,000 person MSA that grew 8.05 percent in population from 2010 to 2018. Medford’s economy is driven by the logging and wood products industry, 20 wine vineyards in the Rouge Valley AVA, two hospitals that serve the local area and retirement community, and agriculture industry of pears, peaches and hemp, and the corporate headquarters for the fortune 500 company Lithia Motors. The Medford airport is served by non-stop flights to Los Angeles, Portland, Seattle, Salt Lake City, Phoenix, and Denver. Medford city was ranked 28th in the country for job growth in 2018 by USA Today because of the quality of life and California residents moving to the area.

The incoming buyer will own a stabilized facility in the economically diverse southern Oregon region.

Broker Information

Thomas Parsons

Associate

Phone: 303.328.2068
Email: tparsons@marcusmillichap.com
License: CO FA100071008

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Adam Lewis

Broker of Record

Phone: 503.200.2050
Email: adam.lewis@marcusmillichap.com
License: 201209561

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