Retail Space
658 Oregon Way Longview, WA 98632
Details & Description
Price: $3,720,000
    The offering provides the opportunity to acquire a 16-year Absolute Net Burger King restaurant in Longview, WA. The drive-thru equipped restaurant was fully remodeled in 2018 and is operated by an experienced franchisee with 130 QSR locations under management. The lease provides scheduled rent escalations of 8% every five years, including at the beginning of each of the four, five-year option periods.
    Additional Photos
    Listing Agents
    Peter Dunn

    O: 503-607-0197
    pdunn@cpxone.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    658 Oregon Way

    Longview, WA 98632

    Listing ID: 259586
    • 658 Oregon Way Longview, WA 98632 | for Sale | Photo 1
    • 658 Oregon Way Longview, WA 98632 | for Sale | Photo 2
    • 658 Oregon Way Longview, WA 98632 | for Sale | Photo 3
    • 658 Oregon Way Longview, WA 98632 | for Sale | Photo 4
    • 658 Oregon Way Longview, WA 98632 | for Sale | Photo 5
    658 Oregon Way | for Sale | Thumbnail 1
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    Building Size: 3,307 SF
    Lot Size: 0.690 AC
    Land Size: 30,057 SF
    Building $/SF: $1,124.89
    Land $/SF: $123.76
    Price
    $3,720,000
    Description

    The offering provides the opportunity to acquire a 16-year Absolute Net Burger King restaurant in Longview, WA. The drive-thru equipped restaurant was fully remodeled in 2018 and is operated by an experienced franchisee with 130 QSR locations under management. The lease provides scheduled rent escalations of 8% every five years, including at the beginning of each of the four, five-year option periods.

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Vancouver History of Retail Space for Sale

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    Longview Area Market Trends

    Listing Demographics for 658 Oregon Way Longview, WA 98632

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,05343,75070,142
    Population Median Age394040
    Population by Age0-9 Yrs1790 (14%)5410 (12%)8841 (12%)
    10-19 Yrs1229 (10%)5197 (11%)8748 (12%)
    20-29 Yrs1855 (15%)5782 (13%)9466 (13%)
    30-39 Yrs1572 (13%)5493 (12%)8458 (12%)
    40-49 Yrs1128 (9%)4995 (11%)7638 (10%)
    50-59 Yrs1441 (11%)5428 (12%)8955 (12%)
    60-69 Yrs1335 (11%)5866 (13%)9356 (13%)
    70+ Yrs1703 (14%)5578 (12%)8679 (12%)
    Median HH Income$35,794$41,942$46,979
    Total Household Income< 24K2073 (39%)5434 (30%)7373 (26%)
    25-49K1355 (25%)5148 (28%)7481 (26%)
    50-74K994 (18%)3285 (18%)5173 (18%)
    75-99K398 (7%)1991 (11%)3627 (12%)
    100-199K326 (6%)1801 (9%)3642 (12%)
    200K+87 (1%)427 (2%)805 (2%)
    Highest Education LevelNo Diploma140041805890
    Diploma or GED2399973814972
    Some College2374914114376
    Assoc. Degree91933255431
    Bachelors Degree61825694727
    Higher Degree56116412785
    Total Housing Units5,53019,08329,641
    --Owner-Occupied1,9039,14016,199
    --Renter-Occupied3,3318,94511,902
    Owner-Occupied Values< 100K32213072309
    100-199K95638556509
    200-299K44124364490
    300-399K14910271936
    400-499K21252414
    500K+14263541
    Total Working Age Population9,55435,06455,885
    In Work Force4,83218,52030,716
    Not In Work Force4,72316,54425,169
    Workforce Employed4,48517,06528,382
    Workforce Unemployed3371,4352,312
    Civlian Workforce4,82218,50030,694
    Military Workforce102022
    Total Households5,23418,08628,101
    Family Households2,56710,28317,098
    Non-Family Households2,6677,80311,003
    Married Couple1,1976,48211,519
    Other Family1,3703,8015,579
    Married w/Child4782,2603,823
    Single Male w/Child164448908
    Single Female w/Child6621,4592,037

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Oregon3,421,399+123,831,074+114,264,810+114,727,438
    Columbia County43,560+1349,351+853,212+1058,580
    Washington5,894,121+146,724,540+147,638,415+118,503,178
    Cowlitz County92,948+10102,410+6108,885+5114,611

    Total Working Age Population:

    Total Households:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 658 Oregon Way in Longview?
    The asking price for 658 Oregon Way is $3,720,000
    What is the building size of this Retail property in Longview, WA?
    The size of the building/unit at 658 Oregon Way in Longview is 3,307 square feet
    How much land does the Longview, WA property at 658 Oregon Way include?
    658 Oregon Way in Longview includes 0.690 acres of land
    What kind of Retail is the propery at 658 Oregon Way?
    The property at 658 Oregon Way Longview, WA 98632 is listed as a Food Service Retail property
    What is the population within 1 mile of 658 Oregon Way in Longview?
    The population within 1 mile of 658 Oregon Way Longview, WA 98632 is 12,053 people.
    Who do I contact for questions about 658 Oregon Way?
    You should contact the listing agent, Peter Dunn , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Portland International Airport (PDX) 41
    Seattle Tacoma International Airport (SEA) 96
    Boeing Field King County International Airport (BFI) 102