- For Sale $1,475,000
- Property Type Retail - Freestanding
- Property Size 6,043 SF
- Lot Size 1.28 Acre
- Year Built 2002
- Year Renovated 2014
- Date Updated Jul 22, 2026
Description
ColvilleNAI Black is pleased to present the exclusive offering of a stand-alone medical facility currently leased to Davita Dialysis and subleased in its entirety to Monumental Chiropractic. Originally built in 2002 and fully redeveloped in 2015, the property totals 6,043 SF on 1.28 Acres. The site benefits from excellent frontage along Highway 395, the primary north-south corridor connecting Colville to Spokane.
With over 5 years remaining on the corporate-guaranteed lease, the property delivers secure cash flow with scheduled rent increases and minimal landlord obligations. Its strategic location near medical and senior housing provides further enhances tenant stability and investment security.
Colville, WA is a vibrant community in Stevens County, located 73 miles north of Spokane. The area offers a business-friendly environment with strong community roots and connectivity via Highway 395 and Colville Municipal Airport. This location combines scenic living with consistent healthcare demand, making it ideal for long-term medical investment.
Highlights
- Absolute NNN Lease, Minimal Landlord Responsibility
- Commencement: June 15, 2025
- Corporate Guarantee
- Expiration: June 14,2030
- Guarantee: Corporate Guarantee - DaVita Healthcare Partners, Inc.
- Investment Grade Guarantee
- LEASE ABSTRACT
- Lease Type: NNN (Tenant responsible for taxes, insurance, utilities, and nearly all repairs & capital expenditures)
- Property Completely Redeveloped in 2015
- PROPERTY HIGHLIGHTS
- Recent 10% Rental Increase for Strong Cash Flow
- Remaining Term: 4.75 Years
- Renewal Option: Two (2) x 5-Year Options
- ROFR / ROFO: None
- Subtenant: Monumental Chiropractic, LLC
- Tenant: DaVita Healthcare Partners, Inc.
False
Contacts
Andrew Black
NAI Black
Location
Contact Listing Broker
Andrew Black
NAI Black
