109 Interstate Avenue SW in Chehalis
| Listing ID: | 2312353 (Commercial) |
|---|---|
| Listing Price: | $225,000 |
| Days on Market: | 348 |
Details | |
| Lot Size: | 0.29 acre (12,632 sqft) |
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 6.6% 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.
This listing is provided courtesy of NWMLS, contributed by RE/MAX Key Land Co.
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