Twin City Town Center West
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Twin City Town Center West
4 Retail Properties Offered at $25,165,000 in Chehalis, WA
Investment Highlights
- #1 Regional Shopping Center ranked by Placer Labs Inc.
- Investment-Grade Credit Tenants: Petsense, Dollar Tree, Sherwin-Williams, Starbucks, & T-Mobile
- 97% Leased Leashold Power Center
- 1.24-Acre Retail Pad Development Opportunity
Executive Summary
- Included in this offering is a 1.24-acre parcel commonly known as “Parcel 20” on its own ground lease that expires June 30th, 2058. This parcel fronts NW Louisiana Avenue and provides the purchaser with a development opportunity with an additional pad site.
- 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.
- 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.
Property Facts
| Price | $25,165,000 | Number of Properties | 4 |
| Price / SF | $192.82 / SF | Individually For Sale | 0 |
| Cap Rate | 8.10% | Total Building Size | 130,510 SF |
| Sale Type | Investment | Total Land Area | 13.11 AC |
| Status | Active |
| Price | $25,165,000 |
| Price / SF | $192.82 / SF |
| Cap Rate | 8.10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 130,510 SF |
| Total Land Area | 13.11 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Starbucks
1531 NW Louisiana Ave, Chehalis, WA 98532 |
Retail | 1,750 SF | 2002 | - |
|
Wendy's
1509 NW Louisiana Ave, Chehalis, WA 98532 |
Retail | 2,864 SF | 1946 | - |
| 1431-1437 NW Louisiana Ave, Chehalis, WA 98532 | Retail | 4,551 SF | 1946 | - |
|
Twin City Town Center
1331-1565 NW Louisiana Ave, Chehalis, WA 98532 |
Retail | 121,345 SF | 1946 | - |
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Twin City Town Center West
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