$250,000

109 Interstate Avenue SW, Chehalis, WA 98532

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

This listing courtesy of Scott Horner, On Point Real Estate

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 7% 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.

Listing Status:
Active
Listing Office:
On Point Real Estate : 360-740-4101
Listing Agent:
Scott Horner : 360-740-4101
MLS ID:
2312353
  • Flooring: ConcreteVinyl
  • A/C: Heat Pump
  • Heating: Heat Pump
  • Fireplace: Fireplaces: 0

This listing courtesy of Scott Horner, On Point Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James W. Lintott Elementary School

1220 Bishop Rd, Chehalis, WA, 98532

Grades PK-2

0.64 miles away

L

Lewis County Alternative School

1265 SW Pacific Ave, Chehalis, WA, 98532

Grades 6-12

0.17 miles away

L

Lewis County Alternative School

1265 SW Pacific Ave, Chehalis, WA, 98532

Grades 6-12

0.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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