MLS® ID: 1359745
1299 Bishop Rd
Chehalis, Washington, 98532 $925,000
Elegantly updated medical office building currently shared by three longstanding tenants in the dental field. Excellent location in medical complex, close to Chehalis school campuses & easy access from the freeway. NNN leases provide a yearly income of just under $60k w/ low rents of $1.17/ft./mth + built-in annual increases based on the Consumer Price Index. Current Cap Rate of 6% could jump to over 8% in the next few years as tenants secured by long-term leases. Don't miss this opportunity!