Merit Brings 100,000 SqFt Warehouse out to Market
Merit lists 4689 Industry Drive, a 100,000 square foot modern distribution facility for lease.
MEDFORD, OR - Merit Commercial Real Estate is exclusively representing a private landlord for 4689 Industry Drive in northern Medford, off of Vilas Road, a 100,000 square foot distribution facility.
Coming to the market in mid-June, the facility formerly housed and was built for American Tire Distributors, which restructured after their Chapter 11 and left the building. As part of the rapidly developing, mainly logistics-focused industrial corridor on Industry Drive, the asset is well-positioned to find a new user.
Merit is currently marketing the asset under a combination of local exposure, regional and national marketing pushes, and significant strategic outreach to potential end-users and cooperating brokers.
Originally built in 2017, the facility enjoys modern tilt-up concrete construction, 16 docks, ~4k SqFt office space, full fire-sprinklers, 28' clear height, and a massive 96,000 SqFt warehouse area, all within 5 minutes of I-5 access.
While the asset is temporarily vacant, not due to issues with the building, the local development activity and recent large-scale industrial leases and purchases show continued national attention coming to southern Oregon. The team is in talks with various potential users and expect to fill all or a portion of the building soon. The activity at this building will be an excellent bellwether for local industrial activity.
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