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Medical Office Condo on NNN Lease
For Sale
$2,850,000

1256 North Meridian Road, Kalispell, MT 59901

Kalispell, MT

Property SizeContact for details
Lot Size0.83 Acres
Days on Market37

Property Features for 1256 North Meridian Road

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.83 Acres

Building Details

Year built 2021
Listing Agency: NextHome Northwest Real Estate
Listed By: Jeff Wilson · License #13639
Added: Jul 16 Changed: Aug 19 Last Checked: Aug 21 at 2:06AM
MLS# 30069893

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This professionally finished medical office condominium totals over 6,000 square feet and is configured for specialty care. The layout includes a welcoming reception area, multiple treatment rooms, dedicated workstations, and a large break/meeting room, with extensive storage and laundry facilities located in the basement. The property was built in 2021.

The space is secured by a long-term NNN lease with approximately five years remaining and built-in annual rent increases, supporting a 5.9% cap rate. It is currently leased to an established orthodontic clinic.

Located on North Meridian Road, the property is zoned B-1 and benefits from strong visibility, with traffic counts exceeding 9,000 vehicles per day.

Key Highlights

  • 5.9% cap rate with a long‑term NNN lease and approximately five years remaining
  • Leased to an established orthodontic clinic
  • Over 6,000 SF medical office condo with reception, treatment rooms, workstations, and a break/meeting room

Property Analytics

Current Use

H2 Orthodontics Dental Office

Suggested Use

Top Pick Building Supply Nail Salon Kitchen & Bath Showroom Electrical Service Restaurant Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,237
Businesses Nearby
Under-served
Demand for This Use

Demographics for 59901, MT

57,900
Population
25,154
Households
2.3
Avg Household Size
40
Median Age
33%
College-Educated
96%
High-School Grad
468.8 sq mi
ZIP Area
124
Density / Sq Mi
$70,391
Median Household Income
$38,073
Median Earnings
$1,052
Median Rent
$417,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office condominium leased to an orthodontic clinic, on a long-term NNN structure with B-1 zoning.
Where is this medical office space located?
The property is located at 1256 North Meridian Road Kalispell, MT.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 5.9% cap rate with a long‑term NNN lease and approximately five years remaining; Leased to an established orthodontic clinic; Over 6,000 SF medical office condo with reception, treatment rooms, workstations, and a break/meeting room
More about this property
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