Retail Grocery
5518 South 6th Street Klamath Falls, OR 97603
5518 South 6th Street, Klamath Falls, OR, 97603
Contact for pricing
For Sale
Contact for pricing
For sale retail space within a shopping center at 5518 South 6th Street in Klamath Falls.
Property Size10,459 SF
Price / SF$175.93
Days on Market63
Property Features for 5518 South 6th Street
General Information
- Standard status
- Active
- Size
- 10,459 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2001
Listing agency
ParaSell Inc
(949) 942-6585
Listed by
Scott Reid · License #WA - 21245
Source
Crexi
Added: May 20 Updated: Jul 20 at 4:30PM Checked: Jul 20 at 4:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc
Investment Insights
Based on property information with market context.
This property is a retail-focused shopping center offering, classified for use as retail space and grocery/convenience retail. The offering totals 10,459 square feet and is presented for sale.
The property is located at 5518 South 6th Street in Klamath Falls, Oregon.
The combination of retail and grocery/convenience categorization makes the space suitable for businesses seeking a storefront environment tied to neighborhood retail activity.
The property is located at 5518 South 6th Street in Klamath Falls, Oregon.
The combination of retail and grocery/convenience categorization makes the space suitable for businesses seeking a storefront environment tied to neighborhood retail activity.
Key Highlights
- Retail space for sale within a shopping center
- Located at 5518 South 6th Street, Klamath Falls
- Year built: 2001
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.3k | $13.80 |
| − Vacancy | −$7.5k | −$0.72 |
| EGI | $136.8k | $13.08 |
| − OpEx | −$34.2k | −$3.27 |
| NOI | $102.6k | $9.81 |
10,459 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.47M
$1.28M – $1.71M
NOI $102,622 @ 7.0% cap · market cap 5.58%
Second Best
Retail
$1.29M
$1.13M – $1.51M
NOI $90,649 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,646 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Metro by T-Mobile
Telecommunications Service
Similar For Sale Nearby
Similar Off Market Nearby
- Coinstar Kiosk - Bitcoin ATM — Albertsons, 5500 S 6th St, Klamath Falls, OR 97603
FAQs
What type of property is this?
Shopping center - For sale retail space within a shopping center at 5518 South 6th Street in Klamath Falls.
Where is this shopping center located?
The property is located at 5518 South 6th Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $1,840,000.
What are key features of this property?
This property features: Retail space for sale within a shopping center; Located at 5518 South 6th Street, Klamath Falls; Year built: 2001
