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2710 S 6th St
Klamath Falls, OR 97603
Former Burger King · Retail Property For Sale


Investment Highlights
- Located at the Intersection of S 6th Street and Washburn Way | Combined 16.8 Million Annualized Traffic Count
- Less than 1 Mile from Klamath County Fairgrounds | Estimated 10,000 Fair Attendees in One Day
- Nearby Industrial and Auto Corridor | National Car Dealerships | Manufacturing and Industrial Facilities
- Bustling Retail Corridor | Proximity to National Tenants | 3 Surrounding Hotels | 269 Room Count
- $1.2 Billion in New Development Planned for Klamath County
- Swan Lake Energy Storage Project Development | Estimated 3,360 Jobs in Oregon | 480 Jobs in Klamath Falls
Executive Summary
Northmarq Restaurant Group is pleased to offer for sale a vacant quickservice restaurant property located in Klamath Falls, OR. This investment, formerly a Burger King, is 3,086 SF and situated in one of the densest retail corridors in Klamath Falls. The property is zoned General Commercial (GC), which supports various potential commercial uses, and features a designated drive-thru area. The former Burger King benefits from increased traffic generated by national retail tenants such as Petco, Staples, Ross Dress for Less, PetSmart, and several national fast-food restaurants. It is also strategically located near three national brand hotels, less than one mile from the Klamath County Fairgrounds, and less than two miles from four national car dealerships: Ford, Subaru, Toyota, and Chrysler. The property is situated in Klamath Falls, Oregon, which is experiencing rapid growth. The County's Economic Development Association has announced $1.2 billion worth of development projects set to begin in the next two years. The property is less than two miles from TimberMill Shores, a two-phase mixed-use development that integrates government and public buildings with a pedestrian-friendly combination of retail, office, residential, hotel, recreation, and other uses. Klamath Falls will also benefit from the Swan Lake Energy Storage Project, which will use two artificial lakes to create a renewable energy storage facility. This project will power approximately 125,000 homes in the Pacific Northwest, create 480 jobs specifically in Klamath Falls, and 3,360 jobs statewide in Oregon.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,086 SF
Building Class
B
Year Built/Renovated
1983/2006
Price
$1,500,000
Price Per SF
$486.07
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.65 AC
Zoning
CG
Property Taxes
| Parcel Number | R797873 | Improvements Assessment | $318,360 |
| Land Assessment | $434,340 | Total Assessment | $752,700 |
Property Taxes
Parcel Number
R797873
Land Assessment
$434,340
Improvements Assessment
$318,360
Total Assessment
$752,700
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