Neville & Butler Commercial Real Estate
Commercial Real Estate
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Northgate Marketplace

Northgate Marketplace

55 Rossanley Drive, Medford, Oregon


SPACE AVAILABLE:

  • Building G: G01 - 2,167 SF & G03 - 2,833 SF

  • Building L: L02 - 1,805 SF

Northgate Marketplace Brochure Northgate Marketplace Site Plan


Property Overview

Traffic Counts
Interstate 5 S of Hwy 62: 53,200 VPD
Hwy 62 N of Hwy 99: 35,500 VPD

  • Phase l: 100% Leased 80,953 square feet
    Anchors: REI, Trader Joe’s, Ulta, Petco

  • Phase ll: 179,870 square feet
    Anchors: Dick’s Sporting Goods, Field & Stream, HomeGoods, Marshalls

  • Adjacent to 640,000 square foot Rogue Valley Mall, anchored by Macy’s, Target, Bed Bath & Beyond, JC Penney, and Kohl’s

 

Trade Area Overview

  • Centrally located along lnterstate 5 between Eugene & San Francisco

  • Medford is the regional hub of retail commerce for a 460,000 person trade area

  • Healthcare industry employment over 15% in Medford MSA - over 14,500 employees

  • U.S. Cellular Community Park, Medford’s 15-sports-fields complex, attracted 165,000 visitors and generated $11.8 million in economic impact in 2016

  • Rogue Valley International Airport serviced 822,289 passengers and 3,271 tons of freight in 2016

  • Over 1.5 million tourists visit the Rogue Valley annually

  • Crater Lake, Oregon’s only National Park, is located one hour northeast of Medford

  • 211 high-tech companies in the Rogue Valley including 85 software developers and 10 internet service providers

  • Southern Oregon University (6,242 students) located 15 miles south in Ashland

  • Rogue Community College (4,402 students) located 30 miles west in Grants Pass at the Redwood Campus

Demographics

5 Miles 15 Min 20 Min
2018 Population: 116,557 135,763 159,234
2023 Projected Pop: 123,022 143,594 168,579
’18-’23 Growth/Yr: 1.11% 1.15% 1.17%
Avg Household Income: $68,449 $66,676 $67,535
% Pop Bachelor's Deg +: 25.72% 24.52% 25.94%
Median Home Value: $285,803 $274,480 $281,038
# Businesses: 5,855 6,576 7,370
Daytime Population: 64,822 76,606 85,215