Office Space /WA /Spokane County /Spokane /9507 E Sprague Ave
Office Space /WA /Spokane County /Spokane /9507 E Sprague Ave

9507 E Sprague Ave - Office FOR SALE


Spokane, WA 99206 | 
$1,375,000 USD
208-378-4600
9507 E Sprague Ave, Spokane, WA for Sale
$1,375,000 USD
Office - FOR SALE
1/7
null | 7.18% Cap Rate
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9507 E Sprague Ave
Spokane, WA 99206

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HIGHLIGHTS

  • Very strong, long-term tenant in place.
  • New 5-year lease with option to extend.
  • Building completely updated.
  • Several building efficiency upgrades including HVAC.
  • Extra .5 acre lot included with the sale.

OVERVIEW

Prime investment opportunity in the heart of Spokane, WA. This 6,584 SF, single-unit property presents a compelling NNN investment package with a robust, long-term tenant in place. Note the blended Cap Rate for this offering is 7.63%.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

7.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spokane Valley Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,824 SF

ZONING

CMU

APN/PARCEL ID

45173.1609,45173.1610

ASK ABOUT THIS PROPERTY

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208-378-4600

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208-378-4600

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