$4,300,000
Joey Costello
Windermere North Spokane
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Make a winning offer with the help of a local expert
About This Home
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.
Property Details
Property Type
Commercial
Year Built
1999
County
Spokane
Lot Size
1.38 acres
Total Parking
18 spaces
Schools
Elementary: Mead
Days on Market
73 days
MLS #
SAR202620502
Parcel #
36082.0141
Annual Taxes
$27,498
MLS Area
A331/054
MLS Class
Commercial
Listing Terms
Conventional, Cash, Owner Financing, Commercial
Road Frontage
City Street
Lease Considered
No
Street Direction
N
Listed On
Jul 7, 2026
Status Changed
Jul 14, 2026
Last MLS Update
Jul 14, 2026
MLS Branch
96
School Information
Elementary
Mead
Home Features & Details
Construction
Roof
Basement
Heating
Cooling
Accessibility
Views
Lot Features
Listed By
Deborah Dyche
John L Scott, Spokane Valley
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$23,292/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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