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

1256 N Meridian Road #1, Kalispell, MT 59901

Professional medical condominium with treatment rooms, reception, basement storage, and a long-term NNN lease structure.

Property Size6,022 SF
Days on Market7

Property Features for 1256 N Meridian Road #1

General Information

Standard status Active
Size 6,022 SF
Property subtype Commercial
Zoning B-1

Taxes and HOA fees

Annual Taxes $26,497

Building Details

Building Size 6,022 SF
Year Built 2021
Units 1
Listing Agency: NextHome Northwest Real Estate
Listed By: Jeff H Wilson · License #13639
Source: Avatarrealtymt
Added: Aug 24 Changed: Aug 29 Last Checked: Aug 29 at 6:02PM

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 2021 medical office condominium at 1256 N Meridian Road #1 comprises over 6,000 square feet within a purpose-built professional setting. The layout includes a reception area, multiple treatment rooms, workstations, a substantial break and meeting room, plus basement storage and laundry facilities. The property is currently occupied by an orthodontic clinic and carries B-1 zoning.

The condominium is subject to a long-term NNN lease with approximately five years remaining and annual rent increases built into the agreement. North Meridian Road exposure is supported by reported traffic exceeding 9,000 vehicles per day, while the property is located in Kalispell, Montana. The lease produces a 5.9% cap rate and provides an established medical-office occupancy profile.

Key Highlights

  • Over 6,000 square feet of medical office space
  • Built in 2021 with a reception area, treatment rooms, workstations, and meeting space
  • Basement includes extensive storage and laundry facilities

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.

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional medical condominium with treatment rooms, reception, basement storage, and a long-term NNN lease structure.
Where is this medical office space located?
The property is located at 1256 N Meridian Road #1 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 square feet of medical office space; Built in 2021 with a reception area, treatment rooms, workstations, and meeting space; Basement includes extensive storage and laundry facilities
More about this property
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