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Spokane Eye Clinic Portfolio | NNN
Spokane, WA Cliff Cannon

$31,533,925 USD

Office For Sale  •  65,267 SF

4 Properties View all

Property Details

  • Property Type Office
  • Cap Rate 6.65 %
67 Transit Score
93 Walk Score

Highlights

High-Caliber Operator – The portfolio is occupied by Spokane Eye Clinic, a 28-physician practice with over 70 years of operating history.
Immediate Scale Opportunity – The offering provides immediate scale through the acquisition of a four-property portfolio
Passive Lease Structures – The portfolio features NNN leases designed to be largely passive, with landlord obligations limited to roof
Stellar Practice Performance – Spokane Eye Clinic supports over 146,000 annual patient visits and 13,000 surgical procedures
Hedge Against Inflation – The portfolio features 2.5% annual escalators across all four properties offering investors consistent revenue growth
Cap Rate: 6.65 %

Public Transportation

Commuter RailDriveWalkDistance
2 min 10 min 0.5 mi
AirportDriveWalkDistance
Spokane International 11 min - 6.5 mi
Tyler Swade 630-854-9717 Matthews Real Estate Investment Services
Tyler Swade 630-854-9717 Matthews Real Estate Investment Services