Twin City Town Center East & West
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Twin City Town Center East & West
10 Retail Properties Offered at $39,265,000 in Chehalis, WA
Investment Highlights
- 97% Leased Leasehold Power Center; Shadow Anchored by Walmart Supercenter
- Investment-Grade Credit Tenants
- 1.24-Acre Retail Pad Development Opportunity
- Ranked #1 Regional Shopping Destination
Executive Summary
- The underlying ground for each center is owned by the City of Chehalis, making each center a 100% Leasehold Investment.
- This is the first time since the centers were developed that they have been offered for sale.
- This investment opportunity is being offered at an 8.19% cap rate and priced at $39,265,000.
- The ownership group desires to sell Twin City Town Center East and West together but is open to selling them separately as well.
- This is the first time since the centers were developed that they have been offered for sale.
- This investment opportunity is being offered at an 8.19% cap rate and priced at $39,265,000.
- The ownership group desires to sell Twin City Town Center East and West together but is open to selling them separately as well.
Property Facts
| Price | $39,265,000 | Status | Active |
| Price / SF | $153.04 / SF | Number of Properties | 10 |
| Sale Conditions | Ground Lease (Leasehold) | Individually For Sale | 0 |
| Cap Rate | 8.19% | Total Building Size | 256,570 SF |
| Sale Type | Investment | Total Land Area | 23.35 AC |
| Price | $39,265,000 |
| Price / SF | $153.04 / SF |
| Sale Conditions | Ground Lease (Leasehold) |
| Cap Rate | 8.19% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 10 |
| Individually For Sale | 0 |
| Total Building Size | 256,570 SF |
| Total Land Area | 23.35 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Walgreens
1610 NW Louisiana Ave, Chehalis, WA 98532 |
Retail | 12,800 SF | 2003 | - |
|
Twin City Town Center
1331-1565 NW Louisiana Ave, Chehalis, WA 98532 |
Retail | 121,345 SF | 1946 | - |
|
Wendy's
1509 NW Louisiana Ave, Chehalis, WA 98532 |
Retail | 2,864 SF | 1946 | - |
|
Starbucks
1531 NW Louisiana Ave, Chehalis, WA 98532 |
Retail | 1,750 SF | 2002 | - |
| 1431-1437 NW Louisiana Ave, Chehalis, WA 98532 | Retail | 4,551 SF | 1946 | - |
| 1670 NW Louisiana Ave, Chehalis, WA 98532 | Retail | 4,176 SF | 2003 | - |
| 1660 NW Louisiana Ave, Chehalis, WA 98532 | Retail | 2,958 SF | 2003 | - |
| 1640-1648 NW Louisiana Ave, Chehalis, WA 98532 | Retail | 2,429 SF | 2003 | - |
| 1650-1658 NW Louisiana Ave, Chehalis, WA 98532 | Retail | 9,653 SF | 2003 | - |
|
Twin City Town Center West
1701 NW Louisiana Ave, Chehalis, WA 98532 |
Retail | 94,044 SF | 2005 | - |
-
David Butler -
Scott Clements -
ORION Commercial Partners
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