$4,300,000

12322 N Ruby Rd, Spokane WA, 99218

Price per sqftN/A

Built in1999

Property typeCommercial

Courtesy of John L Scott, Spokane Valley, Deborah Dyche Listing Contact: (509) 220-7973

Overview

Active

Listed Jul 7, 2026

Updated Jul 14

State Certified Alzheimer’s care facility established 15-year Tenant and 100% occupied. This property is offered currently at a 6% cap rate. The project offers a total of 15,066 sq ft consisting of 4 separate wings, each wing has 10 beds (9 rooms), kitchen, laundry, ADA bathrooms, office area, common area with fireplace and television, and a dining area. One wing has had a kitchen remodel to provide a “commercial” kitchen for food prep for the entire facility. The tenant is currently paying $17.41 sf NNN rent with an increase scheduled in 3/2027 to $17.93. The tenant has one 5-year option remaining at market rent to be negotiated at the time of option. Please contact agent for additional information.

Additional information

MLS^® ID: 202620502

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.38 Acres

Other Property Details

Taxes: $27,498
Tax Frequency: Annually
View: Yes

Listings courtesy of WA - Spokane Association of REALTORS (SAR) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 7:28 AM UTC on 7/14/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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