Listing courtesy of Merit Commercial RE, LLC, agent Caspian Hoehne
Data last updated June 3, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Exclusively presented for sale - 3156 State Street, a high-quality, fully-leased, income producing medical office building located in east Medford, Oregon (the ''Property''). Fully leased through 2030 with options to Complete Care, the asset is ideal for investors seeking day-one yield in a high-quality asset in the right location. The building itself is extremely efficiently designed and prominently positioned in Alderwood Office Park, a majority medical-focused PUD near the largest hospital in the region. Inside, patients enter into a bright and modern interior, with two fully built out floors and a finished storage attic above. Featuring two large reception areas, 16 exam rooms, many private offices and workstations, restrooms, passenger elevator, large break room w/ balcony, procedure rooms, and much, much more, the layout is ideal for the existing tenant and highly flexible for other medical users, if ever needed. See attached documents and/or contact brokers for more info.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,640,000 · $410,000 down · 30 year term
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
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