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West Shopping Center with Pad Site
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1331 NW Louisiana Ave, Chehalis, WA 98532

Four buildings support a largely occupied, multi-tenant retail environment with national and regional occupants.

Property SizeContact for details
Days on Market143

Property Features for 1331 NW Louisiana Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Orion Commercial Partners
Listed By: David Butler · License #WA 78883
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:27PM

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 Orion Commercial Partners

Investment Insights

Based on property information with market context.

Twin City Town Center West is a multi-tenant shopping center comprising four buildings with 141,897 leasable square feet. Constructed in 2002 and 2003, the property is 97% occupied across 30 tenants, including Grocery Outlet, Harbor Freight, Michaels, Big 5 Sporting Goods, Dollar Tree, and O’Reilly Auto Parts. The offering also includes a stand-alone Starbucks and a ground-leased Wendy’s. Walmart functions as a shadow anchor but is not included in the sale.

Three vacancies total 4,902 square feet. The center is subject to a ground lease held by the City of Chehalis, with the term extended through May 31st, 2079. A separate 1.24-acre parcel, identified as Parcel 20, is included under its own ground lease through June 30th, 2058. Fronting NW Louisiana Avenue, Parcel 20 provides an additional pad site for future development.

Key Highlights

  • 141,897 leasable square feet across four buildings
  • 97% occupied with 30 tenants
  • Anchored by Grocery Outlet, Harbor Freight, Michaels, Big 5 Sporting Goods, Dollar Tree, and O’Reilly Auto Parts

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby
356k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 34% Dining 22% Shops & Services 21% Home Improvements & Furnishings 9%
Walmart Superstores
120,552 visits/mo 0.5 miles
Grocery Outlet Bargain Market Groceries
20,206 visits/mo 0.2 miles
Starbucks Dining
20,114 visits/mo 0.3 miles
Dollar Tree Shops & Services
19,875 visits/mo 0.3 miles
Wendy's Dining
18,915 visits/mo 0.3 miles

Demographics for 98532, WA

25,572
Population
10,300
Households
2.5
Avg Household Size
41
Median Age
24%
College-Educated
93%
High-School Grad
311.6 sq mi
ZIP Area
82
Density / Sq Mi
$86,057
Median Household Income
$47,467
Median Earnings
$1,070
Median Rent
$381,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Four buildings support a largely occupied, multi-tenant retail environment with national and regional occupants.
Where is this shopping center located?
The property is located at 1331 NW Louisiana Ave Chehalis, WA.
What are key features of this property?
This property features: 141,897 leasable square feet across four buildings; 97% occupied with 30 tenants; Anchored by Grocery Outlet, Harbor Freight, Michaels, Big 5 Sporting Goods, Dollar Tree, and O’Reilly Auto Parts
(206) 445-7664 Call to check price and availability
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