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Office

Cheney Dental Care

625 B St, Cheney, WA 99004

Listing Price: $1,275,000

Cap Rate
6.01%
Gross SF
5,582
Rentable SF
5,582
Price/Gross SF
$228.41
Lot Size
0.36 acres
Year Built
1972

Investment Overview

Marcus & Millichap is pleased to present a well-established, mixed-use property located in the core of downtown Cheney, Washington. Situated at the intersection of Elm Street, 7th Street, and B Street, the site offers high visibility, convenient access, and close proximity to both residential neighborhoods and the campus of Eastern Washington University.

The 5,582-square-foot professional office building is currently leased to two service-oriented tenants, including GPS Dental, which anchors the property with a long-term lease extending over 11 years. GPS Dental is a national DSO with 110+ practices across the country and offers a full range of services from preventive care to advanced cosmetic and restorative treatments. Led by two experienced dentists, the practice maintains a loyal and growing patient base supported by hundreds of five-star reviews and strong community engagement.

With its strategic location, durable tenancy, and positioning within a growing university town, this offering presents an attractive opportunity for investors seeking reliable cash flow with long-term growth.

Investment Highlights

  • Strong In-Place Income with Upside
  • Prime University-Adjacent Location
  • Proximity to Major Growth Drivers
  • Amenity-Rich Environment
  • Development or Repositioning Potential
  • Strategic Regional Access

Exclusively Listed By

Financing By

Office

Cheney Dental Care

Listing Price: $1,275,000

Cap Rate
6.01%
Gross SF
5,582
Rentable SF
5,582
Price/Gross SF
$228.41
Lot Size
0.36 acres
Year Built
1972

Investment Highlights

  • Strong In-Place Income with Upside
  • Prime University-Adjacent Location
  • Proximity to Major Growth Drivers
  • Amenity-Rich Environment
  • Development or Repositioning Potential
  • Strategic Regional Access

Investment Overview

Marcus & Millichap is pleased to present a well-established, mixed-use property located in the core of downtown Cheney, Washington. Situated at the intersection of Elm Street, 7th Street, and B Street, the site offers high visibility, convenient access, and close proximity to both residential neighborhoods and the campus of Eastern Washington University. The 5,582-square-foot professional office building is currently leased to two service-oriented tenants, including GPS Dental, which anchors the property with a long-term lease extending over 11 years. GPS Dental is a national DSO with 110+ practices across the country and offers a full range of services from preventive care to advanced cosmetic and restorative treatments. Led by two experienced dentists, the practice maintains a loyal and growing patient base supported by hundreds of five-star reviews and strong community engagement. With its strategic location, durable tenancy, and positioning within a growing university town, this offering presents an attractive opportunity for investors seeking reliable cash flow with long-term growth.

Exclusively Listed By

Financing By

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