Centralia Medical Offices Office FOR SALE


Centralia, WA
$6,100,000 USD
503-200-2061
, Centralia, WA for Sale
$6,100,000 USD
Office - FOR SALE
1/2
null | 6.68% Cap Rate

Centralia Medical Offices
Centralia, WA


HIGHLIGHTS

  • Centralia Medical Offices represents a purpose-built medical facility constructed to accommodate healthcare providers.
  • The property utilizes both modified gross and triple net (NNN) lease structures.
  • Healthcare services are essential and demonstrate resilience during economic downturns.
  • Centralia Medical Offices is positioned to benefit from increasing healthcare demand

OVERVIEW

We are pleased to present for sale CENTRALIA MEDICAL OFFICES The Centralia Medical Offices represents an exceptional healthcare real estate investment opportunity located at 1815-1821 Cooks Hill Road in Centralia, Washington. This fully occupied medical complex spans two buildings including a two-story professional office building totaling approximately 25,000+ square feet, built in 2002/2016 and maintained to high standards along Cooks Hill Road's established medical corridor. The property houses leading healthcare providers including DaVita Inc., the nation's largest dialysis provider with over $12 billion in annual revenue, and Assured Home Health of Centralia, a prominent regional home healthcare service provider, creating a resilient income stream anchored by essential medical services that demonstrate strong tenant retention typical of healthcare properties. Located in Centralia's prime medical district with excellent visibility and direct access to Interstate 5, this medical complex benefits from its strategic position along a major medical corridor and the city's 4.42% population growth since 2020. Built to accommodate medical use, the facility features specialized infrastructure including appropriate HVAC systems, medical gas lines, and parking designed for healthcare facilities, serving as a vital component of the regional healthcare infrastructure complementing nearby Providence Centralia Hospital. The diverse tenant mix of medical professionals creates a stable, recession-resistant income stream, while the property's strategic location between Seattle and Portland, combined with purpose-built medical infrastructure, represents an ideal addition to any healthcare-focused real estate portfolio with both income stability and long-term value appreciation potential.

ASK ABOUT THIS PROPERTY

Joseph DabushMarcus & MillichapMore Info
503-200-2061

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Joseph DabushMarcus & MillichapMore Info
503-200-2061

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