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5518-5538 S 6th St
Klamath Falls, OR 97603

$1,840,000 USD

Storefront Retail Office For Sale  •  10,459 SF

Property Details

• Property Type Storefront Retail Office
• Total Building Size 10,459 SF
• Lot Size 0.96 AC
• Building Class B
• Year Built 2001
• Cap Rate 9.09 %
• Tenancy Multiple

30 Transit Score

50 Walk Score

Highlights

Value-Add Shops to High-Performing Safeway (Top 15% Nationwide per Placer.ai with 1 Million Annual Visits)

66% occupied shops providing huge value-add through lease up of vacant suite

Proforma cap rate of 9.09%

Well Below Replacement Cost at Only $176 PSF; Significant Cap Ex Completed

Excellent Frontage on South 6th Street Providing Excellent Visibility on One of the Busiest Thoroughfares in the Trade Area

37,000 CPD Intersection at South 6th Street and Homedale Road

Cap Rate:

9.09 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Gette-a-groom
GNC
Great Clips
Little Caesars
Metro By T-mobile
MetroPCS

Public Transportation

Commuter Rail	Drive	Walk	Distance
Klamath Falls (Coast Starlight - Amtrak)	6 min	-	3.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes