This property is on offer for a long term commercial ground lease. 2.36 acres of prime freeway-frontage land at the Phoenix I-5 interchange. Great access and superior visibility. This is an outstanding location for a fuel center or a flag Hotel. Ground Lease pricing based on $25/sq foot value at a 4% return.
Phoenix is located in Oregon. Phoenix, Oregon has a population of 4,522. Phoenix is more family-centric than the surrounding county with 30.66% of the households containing married families with children. The county average for households married with children is 26.52%.
The median household income in Phoenix, Oregon is $39,543. The median household income for the surrounding county is $48,688 compared to the national median of $57,652. The median age of people living in Phoenix is 51.2 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 26.7 inches per year, with 1.4 inches of snow per year.