MLS#202620502
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLMead
Property Description
State Certified Alzheimers 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.
Property Features
Property Type: Commercial - Business
Basement: None
Fenced: Yes
Heating: Natural Gas, Forced Air
Roof Type: Composition
Stories: 1.0
Taxes: $27,498
Year Built: 1999
Feature Descriptions
Days on Site: 2
Exterior: Brick Veneer, Fiber Cement
Handicap Accessible: Door Width 32 Inches or More, Flash Smoke Detector, Grab Bars Throughout, Hallways 32+, Ramp - Main Level, Roll-In Shower, Bath Roll-Under Sink
Heating/Cooling: Natural Gas, Forced Air
Lot: Fenced Yard, Sprinkler - Automatic, Level
Parcel#: 36082.0141
Parking Space(s): 18
Road Frontage: City Street
Special View Info: Territorial
Tenant Expenses: All Utilities
Local Schools
School District: Mead
Listed By / Shown By
Listed By
Agency Name: John L Scott, Spokane Valley
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
12322 N Ruby Rd | MLS# 202620502
This commercial property located at 12322 N Ruby Rd, Spokane, WA 99218 is currently listed for sale with an asking price of $4,300,000. N Ruby Rd is located within the Mead school district. Search Spokane real estate on www.cbspokane.com today.