Travelodge Hotel Along Interstate
122 SW Interstate Ave, Chehalis, WA 98532
Nationally branded hotel with high visibility and convenient access.
Type:Hospitality
Property size:
56,628 SFPrice / SF:
$98/SF- Added:
- Feb 20, 2026
- Days on Market:
- 127
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 122 SW Interstate Ave
General Information
- Standard status
- Active
- Size
- 56,628 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1970
Listing office ParaSell Inc
Listing date Feb 20, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc
HighLights
- Nationally branded Travelodge with excellent I‑5 visibility and access.
- Located in Chehalis, a regional hub between Seattle and Portland.
- Benefits from consistent pass‑through traffic and leisure demand.
- Part of Wyndham Hotels & Resorts, providing recognizable branding.
- Suited for an owner‑operator or investor.
- Stable demand fundamentals and additional income components.
Overview
The Travelodge in Chehalis, WA, presents an opportunity to acquire a nationally branded hotel situated along the Interstate 5 corridor in Southwest Washington. The property benefits from strong visibility and convenient access, positioning it to capture demand from transient travelers, regional tourism, and highway-related traffic. Chehalis serves as a regional hub between Seattle and Portland and is a well-known stop for travelers accessing outdoor recreation, local events, and nearby employment centers. The area benefits from consistent pass-through traffic as well as leisure demand tied to parks, outdoor activities, and regional attractions. Operating under the Travelodge brand, part of the Wyndham Hotels & Resorts portfolio, the property provides recognizable branding and access to a global reservation system. This offering is well suited for an owner-operator or investor seeking an economy-branded asset with stable demand fundamentals and additional income components. The property size is 56628 square feet.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.02M | $18.00 |
| − Vacancy | −$101.9k | −$1.80 |
| EGI | $917.4k | $16.20 |
| − OpEx | −$481.6k | −$8.51 |
| NOI | $435.8k | $7.69 |
56,628 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$6.23M
$5.45M – $7.26M
NOI $435,752 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.27M
$15.11M – $20.15M
NOI $1,209,030 @ 7.0% cap · market cap 21.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Chehalis
- County
- Lewis
- State
- Washington
- Longitude
- -122.9556909
- Latitude
- 46.6456484
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Nationally branded hotel with high visibility and convenient access.
Where is this hotel located?
The property is located at 122 SW Interstate Ave Chehalis, WA.
What is the asking price?
The asking price for this property is $5,595,000.
What are key features of this property?
This property features: Nationally branded Travelodge with excellent I‑5 visibility and access.; Located in Chehalis, a regional hub between Seattle and Portland.; Benefits from consistent pass‑through traffic and leisure demand.
