12322 N Ruby Rd, Spokane, WA 99218
- $4,300,000
- List Price
- $4,300,000
- MLS#
- 202620502
- Property Sub-Type
- Commercial
- Current MLS Listing Sale Status
- Active
- Financing Terms
- Conventional, Cash, Owner Financing, Commercial
- City
- Spokane
- Acres
- 1.38
Property Description
State Certified Alzheimer’s care facility established 15-year Tenant and 100% occupied. This property is offered currently at a 6% cap rate. The project offers a total of 15,066 sq ft consisting of 4 separate wings, each wing has 10 beds (9 rooms), kitchen, laundry, ADA bathrooms, office area, common area with fireplace and television, and a dining area. One wing has had a kitchen remodel to provide a “commercial” kitchen for food prep for the entire facility. The tenant is currently paying $17.41 sf NNN rent with an increase scheduled in 3/2027 to $17.93. The tenant has one 5-year option remaining at market rent to be negotiated at the time of option. Please contact agent for additional information.
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Additional Information
- Year Built
- 1999
- MLS Area/Grid
- NW Urban 5-Mile
- MLS Area/Grid Number
- A331/054
- Parcel Number
- 36082.0141
- Property Taxes
- $27,498
- School District
- Mead
- Features
- Hndicap Ac, Sec Lights, Sec Alarm
- Basement
- None
- Heating/Cooling
- Natural Gas, Forced Air
- Roof Style
- Composition
- Frontage
- City Street
- Acres MOL
- 1.38
- Lot Size
- 60,271
- Lot Information
- Fenced Yard, Sprinkler - Automatic, Level
- Property Sub-Type
- Commercial
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Listing courtesy of SARMLS / John L Scott, Spokane Valley
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.