$350,000
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109 Interstate Avenue SW Chehalis, WA 98532
General Commercial
Residence
Beds
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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 204...3. 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.
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MLS#
2312353
Property Type
General Commercial
Status
Year Built
2003
Sewer
Sewer Connected
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