5518-5538 S 6th St - Storefront Retail/Office FOR SALE
Klamath Falls, OR 97603 |
$1,840,000 USD
844-585-7673
5518-5538 S 6th St
Klamath Falls, OR 97603
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
FOR SALE DETAILS
PRICE
$1,840,000 USD
PRICE/SF
$176 USD /SF
CAP RATE
9.09%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shops to Safeway | Klamath Falls, OR
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.96 AC
LAND SF
41,818 SF
ZONING
-
APN/PARCEL ID
3909-002DA-01503
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844-585-7673
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844-585-7673
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