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Leased Medical Office Portfolio
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1135 Jadwin Ave, Richland, WA 99352

Two adjacent single-tenant medical office buildings are 100% leased through November 30, 2029.

Property Size7,240 SF
Price / SF$584.25
Days on Market127

Property Features for 1135 Jadwin Ave

General Information

Standard status Active
Size 7,240 SF
Property subtype OFFICE
Occupancy 100%

Additional Details

Business Included Yes

Building Details

Tenancy Single
Listing Agency: Northmarq Commercial, LLC
Listed By: Kevin Adatto
Source: Moodyscre
Added: Apr 22 Changed: Aug 14 Last Checked: Aug 25 at 1:32PM

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 Northmarq Commercial, LLC

Investment Insights

Based on property information with market context.

This offering presents the Kadlec Clinic Portfolio, consisting of two adjacent single-tenant medical office buildings located at 1135 and 1155 Jadwin Avenue. Together, the properties total 16,366 SF and are operated as Kadlec Clinic locations, including Richland Primary Care and Kadlec specialty care. The onsite medical programming includes areas such as family medicine, pediatrics, women’s health, onsite lab, and cardiology.

Both buildings are 100% leased to Kadlec Regional Medical Center, a subsidiary of Providence Health & Services. The leases expire November 30, 2029 and include options already exercised, with approximately 3% annual rent escalations.

The portfolio is positioned as a contiguous outpatient care hub one block from Kadlec Regional Medical Center’s main campus, providing a consolidated medical footprint within the Tri-Cities MSA.

Key Highlights

  • Two adjacent single‑tenant medical office buildings totaling 16,366 SF at 1135 and 1155 Jadwin Avenue in Richland, WA
  • 100% leased to Kadlec Regional Medical Center (subsidiary of Providence Health & Services)
  • Both leases expire November 30, 2029 with options already exercised

Property Analytics

Current Use

Stephen Ewer Physician Dr. Sirshendu Banerjee Physician Tauni Urdahl Physician Prama Chakravarti Physician Athalia Clower Physician

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Auto Parts Store Furniture & Home Goods Electrical Service

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,129
Businesses Nearby
Under-served
Demand for This Use

Demographics for 99352, WA

35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two adjacent single-tenant medical office buildings are 100% leased through November 30, 2029.
Where is this medical office space located?
The property is located at 1135 Jadwin Ave Richland, WA.
What is the asking price?
The asking price for this property is $4,230,000.
What are key features of this property?
This property features: Two adjacent single‑tenant medical office buildings totaling 16,366 SF at 1135 and 1155 Jadwin Avenue in Richland, WA; 100% leased to Kadlec Regional Medical Center (subsidiary of Providence Health & Services); Both leases expire November 30, 2029 with options already exercised
(503) 998-6572 Call to check price and availability
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