Kalispell Condo Unit
1256 N Meridian Road 1 Kalispell, MT 59901
For Sale
$2,850,000
High-quality condo leased to established orthodontic clinic with stable income.
Property Size6,022 SF
Price / SF$473.26
Days on Market63
Property Features for 1256 N Meridian Road 1
General Information
- Standard status
- Active
- Size
- 6,022 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2021
Listing Agency:
NextHome Northwest Real Estate
Listed By:
Jeff H Wilson
Source:
Clearwaterproperties
Added: May 25
Changed: Jul 10
Last Checked: Jul 25 at 3:39AM
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 Kalispell condominium unit, totaling over 6,000 square feet, presents an investment opportunity. The property is currently secured by a long-term NNN lease with approximately five years remaining, featuring built-in annual rent increases and offering a stable income stream at a 5.9% cap rate. The space is leased to an established orthodontic clinic. The layout includes a reception area, multiple treatment rooms, dedicated workstations, a large break/meeting room, and extensive storage and laundry facilities in the basement. Situated on North Meridian Road with B-1 zoning, the property benefits from visibility and traffic counts exceeding 9,000 vehicles per day, positioning it well for continued tenant success.
Key Highlights
- Long‑term NNN lease in place with approximately five years remaining, providing a stable income stream.
- 5.9% cap rate offers an attractive return on investment.
- Built‑in annual rent increases ensure growing income.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
H2 Orthodontics
Dental Office
FAQs
What type of property is this?
Medical Office Space - High-quality condo leased to established orthodontic clinic with stable income.
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: Long‑term NNN lease in place with approximately five years remaining, providing a stable income stream.; 5.9% cap rate offers an attractive return on investment.; Built‑in annual rent increases ensure growing income.
