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

1-1256 N Meridian Rd, Kalispell, MT 59901

For sale professional condominium unit leased to an orthodontic clinic under a long-term NNN lease structure.

Property SizeContact for details
Days on Market117

Property Features for 1-1256 N Meridian Rd

General Information

Standard status Active
Zoning B-1

Additional Details

Cap Rate 5.9%
Traffic Count 9,000 vehicles/day

Taxes and HOA fees

Annual Taxes $26,497

Amenities

reception area
treatment rooms
workstations
break/meeting room
storage
laundry facilities

Building Details

Tenancy Single
Listing Agency: NextHome Northwest Real Estate
Listed By: Jeff H Wilson · License #13639
Source: Exprealty
Added: May 14 Changed: Aug 21 Last Checked: Sep 7 at 11:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Northwest Real Estate

Investment Insights

Based on property information with market context.

This for-sale medical office condominium unit is leased under a long-term NNN structure with approximately five years remaining and built-in annual rent increases. The interior is designed for clinic use and includes a welcoming reception area, multiple treatment rooms, dedicated workstations, and a large break/meeting room, along with extensive storage and laundry facilities located in the basement.

The property is situated on North Meridian Road in Kalispell, MT, and is supported by B-1 zoning. Public remarks note strong visibility and traffic counts exceeding 9,000 vehicles per day.

The space is currently occupied by an established orthodontic clinic.

Key Highlights

  • Over 6,000 SF professional condo unit leased to an established orthodontic clinic under a long‑term NNN lease
  • NNN lease has approximately 5 years remaining, with built‑in annual rent increases
  • 5.9% cap rate cited with a stable income stream

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Grocery & Convenience Store

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

9,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

790
Businesses Nearby
Balanced
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - For sale professional condominium unit leased to an orthodontic clinic under a long-term NNN lease structure.
Where is this medical office space located?
The property is located at 1-1256 N Meridian Rd 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: Over 6,000 SF professional condo unit leased to an established orthodontic clinic under a long‑term NNN lease; NNN lease has approximately 5 years remaining, with built‑in annual rent increases; 5.9% cap rate cited with a stable income stream
More about this property
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