CHI Franciscan Hospice House Property (Status: Pending)
2901, Bridgeport Way, University Place, WA 98466
The CHI Franciscan Hospice House property provides the investor with a unique opportunity to own a fully functioning, continually in-demand facility that is leased through 2026. This well-planned facility, affords its residents large private rooms, home-like common areas for guests, manicured gardens, a chapel, gourmet kitchen with chef-prepared meals, and many more amenities.
It is ideally situated among the upscale University Place, Fircrest, and Narrows areas amid a thriving residential population center. Some 98K+ households are within 5 mi of the building. The one-story care center was recently remodeled, resulting in a $2M investment by the owner. CHI Franciscan signed a 10-year lease in late 2016, making this property an excellent investment with stable, long-term cash flow.
Asset Class: Office
Year Built: 1969
Building Total Square Feet: 29962
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: Mixed-Use Office
Listing Courtesy of: Keller Williams Commercial
Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.