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Centralia Medical Offices 2 Office Properties Offered at $8,515,112 CAD in Centralia, WA
INVESTMENT HIGHLIGHTS
- Centralia Medical Offices represents a purpose-built medical facility constructed to accommodate healthcare providers.
- Healthcare services are essential and demonstrate resilience during economic downturns.
- The property utilizes both modified gross and triple net (NNN) lease structures.
- Centralia Medical Offices is positioned to benefit from increasing healthcare demand
EXECUTIVE SUMMARY
We are pleased to present for sale CENTRALIA MEDICAL OFFICES The Centralia Medical Offices represents an exceptional
healthcare real estate investment opportunity located at 1815-1821 Cooks Hill Road in Centralia, Washington. This fully occupied
medical complex spans two buildings including a two-story professional office building totaling approximately 25,000+ square feet,
built in 2002/2016 and maintained to high standards along Cooks Hill Road's established medical corridor. The property houses
leading healthcare providers including DaVita Inc., the nation's largest dialysis provider with over $12 billion in annual revenue, and
Assured Home Health of Centralia, a prominent regional home healthcare service provider, creating a resilient income stream
anchored by essential medical services that demonstrate strong tenant retention typical of healthcare properties. Located in
Centralia's prime medical district with excellent visibility and direct access to Interstate 5, this medical complex benefits from its
strategic position along a major medical corridor and the city's 4.42% population growth since 2020. Built to accommodate medical
use, the facility features specialized infrastructure including appropriate HVAC systems, medical gas lines, and parking designed for
healthcare facilities, serving as a vital component of the regional healthcare infrastructure complementing nearby Providence
Centralia Hospital. The diverse tenant mix of medical professionals creates a stable, recession-resistant income stream, while the
property's strategic location between Seattle and Portland, combined with purpose-built medical infrastructure, represents an ideal
addition to any healthcare-focused real estate portfolio with both income stability and long-term value appreciation potential.
healthcare real estate investment opportunity located at 1815-1821 Cooks Hill Road in Centralia, Washington. This fully occupied
medical complex spans two buildings including a two-story professional office building totaling approximately 25,000+ square feet,
built in 2002/2016 and maintained to high standards along Cooks Hill Road's established medical corridor. The property houses
leading healthcare providers including DaVita Inc., the nation's largest dialysis provider with over $12 billion in annual revenue, and
Assured Home Health of Centralia, a prominent regional home healthcare service provider, creating a resilient income stream
anchored by essential medical services that demonstrate strong tenant retention typical of healthcare properties. Located in
Centralia's prime medical district with excellent visibility and direct access to Interstate 5, this medical complex benefits from its
strategic position along a major medical corridor and the city's 4.42% population growth since 2020. Built to accommodate medical
use, the facility features specialized infrastructure including appropriate HVAC systems, medical gas lines, and parking designed for
healthcare facilities, serving as a vital component of the regional healthcare infrastructure complementing nearby Providence
Centralia Hospital. The diverse tenant mix of medical professionals creates a stable, recession-resistant income stream, while the
property's strategic location between Seattle and Portland, combined with purpose-built medical infrastructure, represents an ideal
addition to any healthcare-focused real estate portfolio with both income stability and long-term value appreciation potential.
PROPERTY FACTS
| Price | $8,515,112 CAD | Status | Active |
| Price / SF | $407.50 CAD / SF | Number of Properties | 2 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6.68% | Total Building Size | 20,896 SF |
| Sale Type | Investment | Total Land Area | 5.24 AC |
| Price | $8,515,112 CAD |
| Price / SF | $407.50 CAD / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 6.68% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,896 SF |
| Total Land Area | 5.24 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Phase I
1821 Cooks Hill Rd, Centralia, WA 98531 |
Office | 10,732 SF | 2002 | - |
|
Phase II
1823 Cooks Hill Rd, Centralia, WA 98531 |
Office | 10,164 SF | 2016 | - |
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Centralia Medical Offices
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