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Spokane Eye Clinic Portfolio | NNN 4 Office Properties Offered at $31,533,925 in Spokane, WA
INVESTMENT HIGHLIGHTS
- High-Caliber Operator – The portfolio is occupied by Spokane Eye Clinic, a 28-physician practice with over 70 years of operating history.
- Passive Lease Structures – The portfolio features NNN leases designed to be largely passive, with landlord obligations limited to roof
- Hedge Against Inflation – The portfolio features 2.5% annual escalators across all four properties offering investors consistent revenue growth
- Immediate Scale Opportunity – The offering provides immediate scale through the acquisition of a four-property portfolio
- Stellar Practice Performance – Spokane Eye Clinic supports over 146,000 annual patient visits and 13,000 surgical procedures
EXECUTIVE SUMMARY
Broker of Record
Brian Brockman
License # 21256 (WA)
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241
(866) 889-0550
Brian Brockman
License # 21256 (WA)
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241
(866) 889-0550
PROPERTY FACTS
| Price | $31,533,925 | Number of Properties | 4 |
| Price / SF | $483.15 / SF | Individually For Sale | 0 |
| Cap Rate | 6.65% | Total Building Size | 65,267 SF |
| Sale Type | Investment | Total Land Area | 4.19 AC |
| Status | Active |
| Price | $31,533,925 |
| Price / SF | $483.15 / SF |
| Cap Rate | 6.65% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 65,267 SF |
| Total Land Area | 4.19 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Spokane Eye Clinic
427 S Bernard St, Spokane, WA 99204 |
Office | 36,470 SF | 2009 | - |
| 31 E Central Ave, Spokane, WA 99208 | Office | 12,459 SF | 1978 | - |
| 9651 N Nevada St, Spokane, WA 99218 | Office | 10,721 SF | 1983 | - |
| 208 W 5th Ave, Spokane, WA 99204 | Office | 5,617 SF | 1986 | - |
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CONTACTS
-
Tyler Swade -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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Spokane Eye Clinic Portfolio | NNN
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