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Freestanding Single-Tenant Medical Office
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1516 Jadwin Ave, Richland, WA 99354

Freestanding medical office building is currently leased to BestMed Urgent Care through June 2023.

Property Size12,336 SF
Days on Market121

Property Features for 1516 Jadwin Ave

General Information

Standard status Active
Size 12,336 SF
Property subtype Office
Occupancy 100%
Lease Type NNN

Building Details

Tenancy Single
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR 200403266
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:51PM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This freestanding, single-tenant medical office building is fully occupied, with current occupancy reported at 100% through June 2023. The property totals 12,336 SF, including a 2,640 SF finished basement.

The building is leased to BestMed Urgent Care. Public remarks state a lease structure of $20 per SF plus NNN, with current monthly rent of $18,687.46. The listed sale price is $3,350,000 (reported as $272 per SF). The property is located at 1516 Jadwin Ave in Richland, WA 99354.

Key Highlights

  • Freestanding, single‑tenant medical office building in Richland, WA
  • 12,336 SF building (including 2,640 SF finished basement) with 100% occupancy
  • Currently leased through June 2023 to BestMed Urgent Care

Property Analytics

Current Use

Nichole Green Physician Physicians Immediate Care ... Medical Clinic Laughlin Judith J Physician Tracy Candace Degenstein Medical Clinic

Suggested Use

Top Pick Building Supply Law Firm Auto Repair Shop Auto Parts Store Electrical Service (Bike/Boat/Book/etc) 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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby
Under-served
Demand for This Use

Demographics for 99354, WA

24,839
Population
10,807
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,039
Density / Sq Mi
$88,601
Median Household Income
$50,192
Median Earnings
$1,299
Median Rent
$355,400
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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Similar Off Market Nearby

  • Kelly Sandmeier 1530 Jadwin Ave, Richland, WA 993542902

Frequently Asked Questions

What type of property is this?
Medical Office Space - Freestanding medical office building is currently leased to BestMed Urgent Care through June 2023.
Where is this medical office space located?
The property is located at 1516 Jadwin Ave Richland, WA.
What are key features of this property?
This property features: Freestanding, single‑tenant medical office building in Richland, WA; 12,336 SF building (including 2,640 SF finished basement) with 100% occupancy; Currently leased through June 2023 to BestMed Urgent Care
(503) 222-2655 Call to check price and availability
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