109 Interstate Avenue SW, Chehalis, WA 98532

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109 Interstate Avenue SW, Chehalis, WA 98532

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Courtesy of: Scott Horner | On Point Real Estate
$290,000 Chehalis, WA 98532
  • 0.29 Acres
  • Lewis County

Key Features

  • MLS ID: 2312353
  • Year Build: 2003
  • Status: Active
  • Property Type: Commercial Sale
  • Area: 430 - Chehalis
  • Exterior: ["Wood"]
  • Address: 109 Interstate Avenue SW, Chehalis, WA 98532
  • City: Chehalis
  • State: WA
  • Zip: 98532
  • County: Lewis

Description

Established national restaurant tenant on a visible freeway location near the exit. This sale includes the building and ground lease, the land is not included. The lessee invested in a major interior upgrade last year. Both the lessee's 5-year renewal options and the ground lease run through 2043. Ownership has been pretty hands-off, tenant pays for everything except the ground lease. Priced at a 6% cap rate for long-term stable income. Feel free to drop in and have lunch. Please do not bother the staff without an appointment. Broker/owner.

Property Map

Exit 76 from I-5. Sign in SE quadrant.

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