MLS® ID: 1359745

1299 Bishop Rd

Chehalis, Washington, 98532

$925,000 Active
  • - SQFT
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!
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Overlay Logo Listing courtesy of Realty World Cosser & Assoc.

Amenities

  • Zip
    98532
  • Office name
    Realty World Cosser & Assoc.
  • SQFT
    0
  • Property type
    Commercial/Industrial
  • Zoning type
    City
  • Year built
    1982
  • Lot size
    21533
  • Sewer
    Sewer Connected
  • Heating
    Forced Air,Heat Pump
  • Tax year
    0
  • Agent name
    Eren Millam
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0
  • Price Range
    $900k-$1m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    4312
  • Agent ID
    96979

Location

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