| Purchase Price | $2,970,000 |
|---|---|
| Annual Rental Income | $198,000 |
| Cap Rate | 6.67% |
| Lease Term | 19 Years |
| City | Klamath Falls |
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Les Schwab Tire Centers – Klamath Falls, OR
This property is occupied by Les Schwab Tire Centers, one of the most trusted names in automotive services across the western United States. Founded in 1952, Les Schwab has grown to over 500 locations, known for their strong community ties, industry-leading customer service, and commitment to quality.
Les Schwab offers a comprehensive range of services, including tire sales and maintenance, brake inspections, wheel alignments, battery replacements, shocks and struts, and more. The company is recognized for its complimentary services such as flat repairs, tire rotations, and air checks, which drive consistent customer traffic.
The Klamath Falls location benefits from strong regional brand loyalty and high visibility. Les Schwab locations are typically staffed by experienced technicians and feature well-maintained facilities that reflect the company’s high operating standards.
Les Schwab is also known for its deep-rooted community involvement, regularly supporting local programs, schools, and youth initiatives. With a reputation built on trust, service, and long-term performance, Les Schwab Tire Centers continues to be a reliable and respected tenant across multiple markets