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Property profile & analytics
FOR LEASE
Office buildings

725 N Stanley St Medical Lake, WA 99022

6,264 SF 1.13 ac lot Built 2005
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US90-1910739
Property summary
AI-generated overview

This exceptional 12,528 square foot medical office building, constructed in 2005, is ideally situated in Medical Lake, Washington, within Spokane County (zip code 99022). The property boasts a multi-tenant configuration, currently featuring four suites, with three spaces immediately available, ranging from 1,656 to 6,000 square feet. This presents a unique opportunity for medical professionals seeking flexible and adaptable space to meet their specific needs. The building offers convenient paved surface parking for tenants and clients, along with the valuable marketing advantage of pylon signage availability. Several space configuration options are available to accommodate a variety of tenant requirements. The property is offered on a triple net (NNN) lease basis, with a rate of $3.85 per square foot. Its prime location and modern amenities make this a highly desirable investment opportunity in a thriving medical community. The building's address is 725 N Stanley St.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Total area 6,264 SF
Lot 1.13 ac (49,264 SF)
APN 14076.4101
UPID US90-1910739
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.47M
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.38M
Owner & transaction history
Downhill 49 LLC · 13 yrs held
Downhill 49 LLC
since 2012
6 recorded transactions
2022
Price N/A
2012
Price N/A
2007
$1.3M
2006
$1.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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