12322 N Ruby Rd, Spokane, WA 99218
- $4,300,000
- List Price
- $4,300,000
- Status
- ACTIVE
- MLS#
- 202620502
- Year Built
- 1999
- Acres
- 1.38
- Region
- NW Urban 5-Mile
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
- Taxes
- $27,498
- Lot Features
- Fenced Yard, Sprinkler - Automatic, Level
- Basement
- None
- School District
- Mead
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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.