109 Interstate Avenue SW
Chehalis, WA 98532
0.29 acres | #2312353
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 5% 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.
Interior Details
- InteriorConcrete
Property Details
- Exterior MaterialsWood
Measurements
- Acres0.29
Construction Details
- Style75 - Retail
- Property TypePurchase
Condition
- Year Built2003
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionChehalis
Location
- CountyLewis
Financial Details
- Original List Price$350,000
- Taxes Annual$0
- Days on Market (Cumulative)2
Other
- MLS #2312353
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-21 19:10:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Scott Horner (#NWM6310)
Listing Office: On Point Real Estate (#NWM9144)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
