198 Ponderosa Rd - Storefront Retail/Office FOR SALE


Colville, WA 99114
$1,630,000 USD
415-754-8489
198 Ponderosa Rd, Colville, WA for Sale
$1,630,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 7% Cap Rate

198 Ponderosa Rd
Colville, WA 99114


HIGHLIGHTS

  • Investment Grade Guarantee
  • Corporate Guarantee
  • Recent 10% Rental Increase for Strong Cash Flow
  • Property Completely Redeveloped in 2015
  • Absolute NNN Lease, Minimal Landlord Responsibility

OVERVIEW

NAI Black is pleased to present the exclusive offering of a stand-alone medical facility currently leased to Davita Dialysis and subleased in its entirety to Monumental Chiropractic. Originally built in 2002 and fully redeveloped in 2015, the property totals 6,043 SF on 1.28 Acres. The site benefits from excellent frontage along Highway 395, the primary north-south corridor connecting Colville to Spokane. With over 5 years remaining on the corporate-guaranteed lease, the property delivers secure cash flow with scheduled rent increases and minimal landlord obligations. Its strategic location near medical and senior housing provides further enhances tenant stability and investment security. Colville, WA is a vibrant community in Stevens County, located 73 miles north of Spokane. The area offers a business-friendly environment with strong community roots and connectivity via Highway 395 and Colville Municipal Airport. This location combines scenic living with consistent healthcare demand, making it ideal for long-term medical investment.

FOR SALE DETAILS

PRICE

$1,630,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Davita Dialysis | Monumental Chiropractic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

C-3

APN/PARCEL ID

0043255

ASK ABOUT THIS PROPERTY

Andrew BlackEngel & VolkersMore Info
415-754-8489

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Andrew BlackEngel & VolkersMore Info
415-754-8489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.