109 Interstate AveChehalis, WA 98532

Property Details for 109 Interstate Ave

Year built

2003

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

1,334 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

5871072009

APU

5871072009

Description

This exceptional investment opportunity presents a well-established national restaurant located at 109 Interstate Avenue SW, Chehalis, WA. The property, a general commercial building, is situated on a highly visible freeway location near the exit, ensuring consistent customer traffic. The sale includes the building and a ground lease, extending through 2043, offering significant long-term stability. The land itself is not included in this sale. The current tenant recently completed major interior upgrades, demonstrating their commitment to the location. The lease agreement includes two 5-year renewal options, further solidifying the income stream. Ownership has been largely passive, with the tenant responsible for all expenses except the ground lease. This translates to a low-maintenance investment with a projected 5% cap rate, providing a strong return on investment. The property is priced at $350,000. Serious inquiries only

Location Insight

City

Chehalis

County

Lewis

State

Washington

Latitude

46.6471

Longitude

-122.956

CBSA code

16500

CBSA name

CENTRALIA, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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