Medical Office Building with Expansion
2875 Tina Avenue, Missoula, MT 59808
Call to check price and availability
Purpose-built medical office with expansion and income potential.
Type:Office
Property size:
39,326 SFPrice / SF:
$174/SF- Added:
- May 12, 2026
- Days on Market:
- 17
- Last Refresh:
- May 14 at 9:34 pm
Property Features for 2875 Tina Avenue
General Information
- Standard status
- Active
- Size
- 39,326 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing agent Matt Mellott, CCIM, SIOR License #MT RRE-RBS-BRO-52907
Listing office Sterling CRE Advisors (425) 250-3290
Listing date May 12, 2026
Source Crexi
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 Sterling CRE Advisors
HighLights
- Purpose‑built medical office building in an active commercial corridor.
- Significant expansion potential with an unfinished ±14,864‑square‑foot lower level designed for lab and operatory space.
- In‑place income from established tenants, with ±11,287 square feet of contiguous space becoming available in Summer 2026.
- Features designed for medical use: covered patient drop‑off, heated sidewalks, and RFID entry.
- Excellent accessibility: Located off North Reserve Street near Costco with quick access to Interstate 90.
- ±24,372‑square‑foot main level is fully finished, multi‑tenant medical office space.
Overview
The property at 2875 Tina Avenue is a purpose-built medical office building located in an active commercial area of Missoula. The building has a total area of approximately 39,236 square feet. The main level is approximately 24,372 square feet and is configured as multi-tenant medical office space. The lower level, approximately 14,864 square feet, is unfinished but was originally designed for lab and operatory space, offering expansion possibilities. Access to the lower level is provided by two separate entrances, a personnel elevator, and a freight elevator. The property is partially leased, providing current income from established tenants. Approximately 11,287 square feet of contiguous space is scheduled to become available in the summer of 2026. The building is designed for medical use and includes a covered patient drop-off portico, heated sidewalks, and RFID entry. The interior features high ceilings, architectural beams, and a bright environment. The property is located off North Reserve Street near Costco, with access to Interstate 90, providing accessibility for patients.
Financial Insights
Value Estimation Calculated for Healthcare Medical
Conservative
$5.91M
NOI $532,175 @ 9.00% cap · cautious / downside scenario
Moderate
$7.60M
NOI $532,175 @ 7.00% cap · market / base-case scenario
Aggressive
$10.64M
NOI $532,175 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Healthcare Medical
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $991.0k | $25.20 |
| − Vacancy | −$104.1k | −$2.65 |
| EGI | $887.0k | $22.55 |
| − OpEx | −$354.8k | −$9.02 |
| NOI | $532.2k | $13.53 |
39,326 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Use Scenarios
Best Use
Healthcare Medical
$7.60M
$6.65M – $8.87M
NOI $532,175 @ 7.0% cap · market cap 7.77%
Second Best
Office B
$6.55M
$5.73M – $7.64M
NOI $458,345 @ 7.0% cap · market cap 6.69%
Theoretical Best
Specialty Retail
$11.34M
$9.92M – $13.23M
NOI $793,697 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Three Rivers Physical ...
Physician
Divine - Reiki Healing ...
Alternative Medicine Practice
Dr. Sarah Ryan
Physician
Dr. Tina Nichols
Pediatrician
Five Valleys Urology
Physician
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- Pruyn Veterinary Hospital — 2802 Great Northern Loop, Missoula, MT 59808
Location Insight
- Map
- Local Demand
- City
- Missoula
- County
- Missoula
- State
- Montana
- Longitude
- -114.0413865
- Latitude
- 46.8919703
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Purpose-built medical office with expansion and income potential.
Where is this medical office space located?
The property is located at 2875 Tina Avenue Missoula, MT.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: Purpose‑built medical office building in an active commercial corridor.; Significant expansion potential with an unfinished ±14,864‑square‑foot lower level designed for lab and operatory space.; In‑place income from established tenants, with ±11,287 square feet of contiguous space becoming available in Summer 2026.
