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    Redeveloped Medical Facility with NNN Lease
    Updated: Jun 2
    Redeveloped Medical Facility with NNN Lease

    198 Ponderosa Road, Colville, WA 99114

    $1,630,000
    6,043 sqft 1.28 AC lot
    Stand‑alone medical facility totaling 6,043 SF on 1.28 acres, originally built in 2002 and fully redeveloped in 2015.
    Absolute NNN lease structure: tenant responsible for taxes, insurance, utilities, and nearly all repairs & capital expenditures.
    Currently leased to DaVita Healthcare Partners, Inc. and subleased in its entirety to Monumental Chiropractic, LLC.
    Lease dates: commencement June 15, 2025; expiration June 14, 2030; remaining term 4.75 years.
    Rental increase noted as a recent 10% rental increase for strong cash flow.
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    This listing looks promising.

    Here's a quick look at some key insights for

    198 Ponderosa Road, Colville, WA 99114

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    • Est. Cap Rate

      4.8%
      NOI ÷ price

    • Est. NOI

      $78K
      Annual

    • Mortgage

      $690K
      Sep 2024

    • Last Sold

      Sep 2024
      $1.15M

    • Property Type

      Retail Stores
      Built 2002
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Stevens County, WA, we suggest exploring several alternatives:

    Stevens County, WA Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Stevens County, WA on our real estate platform. These investment opportunities span a total of 6,043 square feet of properties for sale, with an estimated market value of $1,630,000.

    Sale prices for triple net lease properties in Stevens County, WA start at $1,630,000, averaging $1,630,000, and reaching up to $1,630,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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