109 Interstate Ave Chehalis, WA 98532-3700
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.