Shopping Regional
Bear Creek Plaza | Value-Add Shopping Center | 9.64% Stabilized Cap Rate
1132 Biddle Rd, Medford, OR 97504
Listing Price: $22,850,000
Investment Overview
Marcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale Bear Creek Plaza, a unique opportunity to purchase a dominate, 188,759 SF shopping center located adjacent to I-5 (105,000+ VPD) in Medford, OR. Bear Creek Plaza is currently 76% occupied with immediate upside by leasing three vacant suites. The Property has performed well historically, with roughly 65% of the GLA having occupied the Property for at least 10 years with the three anchor tenants, Bi-Mart, Big Lots and Dollar Tree having occupied the center since 1977, 2000, and 2000, respectively. The Property features a strong credit tenant presence with 65% of the income stream coming from national or regional tenants. The Property also contains six, free-standing buildings providing an investor with future break-up value. The Property features a total of 16.93 acres and is priced well below replacement cost.
Investment Highlights
- Dominant I-5 Corridor Shopping Center
- Immediate Upside by Leasing Vacant Suites
- Strong Historical Occupancy
- Irreplaceable Location with Excellent Visibility
- Long-Term Rental and Leasing Upside
- Strong Credit Tenant Presence
- Brand New 5-Year Big Lots Extension and Bi-Mart Term
- Six Free-Standing Buildings/Break-Up Value. The Center Layout Provides Potential Future Break-Up Value
Exclusively Listed By
Broker of Record
Shopping Regional
Bear Creek Plaza | Value-Add Shopping Center | 9.64% Stabilized Cap Rate
Listing Price: $22,850,000
Investment Highlights
- Dominant I-5 Corridor Shopping Center
- Immediate Upside by Leasing Vacant Suites
- Strong Historical Occupancy
- Irreplaceable Location with Excellent Visibility
- Long-Term Rental and Leasing Upside
- Strong Credit Tenant Presence
- Brand New 5-Year Big Lots Extension and Bi-Mart Term
- Six Free-Standing Buildings/Break-Up Value. The Center Layout Provides Potential Future Break-Up Value
Investment Overview
Marcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale Bear Creek Plaza, a unique opportunity to purchase a dominate, 188,759 SF shopping center located adjacent to I-5 (105,000+ VPD) in Medford, OR. Bear Creek Plaza is currently 76% occupied with immediate upside by leasing three vacant suites. The Property has performed well historically, with roughly 65% of the GLA having occupied the Property for at least 10 years with the three anchor tenants, Bi-Mart, Big Lots and Dollar Tree having occupied the center since 1977, 2000, and 2000, respectively. The Property features a strong credit tenant presence with 65% of the income stream coming from national or regional tenants. The Property also contains six, free-standing buildings providing an investor with future break-up value. The Property features a total of 16.93 acres and is priced well below replacement cost.
Exclusively Listed By
Broker of Record

