El Torito Supermarket | 3% Annual Increases | Largest Mexica

El Torito Supermarket | 3% Annual Increases | Largest Mexica (Status: Available)

2207, Washburn Way, Klamath Falls, OR  97603

Marcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale El Torito Supermarket in Klamath Falls, OR. El Torito Supermarket benefits from being the largest Mexican supermarket chain in Oregon. The lease has nearly 8 years remaining on the original 10-year NNN lease with 4, 5-year options, and features 3% annual rent increases. The Property has market monopoly in rapidly growing Klamath Falls, OR, and benefits from a Hispanic population exceeding 8,000 residents in a 5-mile radius. The Hispanic population accounts for 15% of the population and is the fastest growing demographic in Klamath Falls. El Torito Supermarket is actively expanding throughout Oregon and recently announced they are opening a 7th location in Madras, OR. The Property was built-to-suit a su

Listing Details

Asset Class: Retail
Year Built: 2008
Building Total Square Feet: 24500
Available Lease Space Square Feet: 24500
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: GC

Listing Courtesy of: Marcus & Millichap, Inc.

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.