2750 Campus Dr - Restaurant FOR SALE


Klamath Falls, OR 97601
$3,833,000 USD
480-269-3154
2750 Campus Dr, Klamath Falls, OR for Sale
$3,833,000 USD
Restaurant - FOR SALE
1/7
null | 6% Cap Rate

2750 Campus Dr
Klamath Falls, OR 97601


HIGHLIGHTS

  • Applebee’s + IHOP Dual Brand Location
  • Hands Off Ownership with Annual Increases that Protect Long-Term Value
  • College Campus Location Next to Large General Hospital

OVERVIEW

This Applebee’s + IHOP dual-brand restaurant is secured by a 20-year absolute NNN lease. Located on Campus Drive, the subject property is adjacent to Oregon Tech and minutes from Sky Lakes Medical Center, anchoring it to two of the area’s strongest demand drivers. Recently remodeled and backed by an experienced multi-unit Dine Brands franchisee, the property offers a rare combination of hands-off ownership, daily traffic, and long-term stability in Southern Oregon.

FOR SALE DETAILS

PRICE

$3,833,000 USD

PRICE/SF

$607 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's & IHOP Dual Brand Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

PUD

APN/PARCEL ID

R170022,R883547

ASK ABOUT THIS PROPERTY

Brandon NortonMonarch Commercial AdvisorsMore Info
480-269-3154

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Brandon NortonMonarch Commercial AdvisorsMore Info
480-269-3154

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.