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East Town Strip Mall- Klamath Falls, OR. 5534 S 6th St

10,321 SF 86% Leased Retail Building Klamath Falls, OR 97603 £1,017,185 (£99/SF) 7% Net Initial Yield

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Investment Highlights

High Cap Rate Commercial Investment
Incredible Potential

Long Term Reputable Tenants Occupying 85%

Executive Summary

This is a 10,459 sf 7 Unit strip Mall with Triple net lease. Cap Rate is 7% presently Tenants are Little Caesars, Gette A Groom, Paradise Smokes, Great Clips, GNC and Metro T Mobile with one Unit vacant.
Income and Expenses (Annual Amounts): Cap Rate %: 7; CAM Cost: 43,599.19; CAM Frequency: Annually
Unit 1: Unit #: 5538; Tenant Name: Little Ceasars; Square Footage: 1,200; Monthly Rent: 1,867.25; Price Per SqFt: 1.55; Status: Leased
Unit 2: Unit #: 5534; Tenant Name: Getta A Groom; Square Footage: 1,100; Monthly Rent: 1,202; Price Per SqFt: 1.09; Status: Leased
Unit 3: Unit #: 5530; Tenant Name: Paradise Smokes; Square Footage: 854; Monthly Rent: 1,064.5; Price Per SqFt: 1.25; Status: Leased
Unit 4: Unit #: 5526; Tenant Name: Great Clips; Square Footage: 1,000; Monthly Rent: 1,372; Price Per SqFt: 1,372; Status: Leased
Unit 5: Unit #: 5522; Tenant Name: GNC; Square Footage: 1,200; Monthly Rent: 2,196.2; Price Per SqFt: 1.83; Status: Leased
Unit 6: Unit #: 5518; Tenant Name: Metro PCS; Square Footage: 1,590; Monthly Rent: 17,967; Price Per SqFt: 1.83; Status: Leased
Unit 7: Tenant Name: Vacant; Square Footage: 3,515; Status: Vacant