312-316 W Riverside Ave, Spokane, WA
Office space available for purchase in Spokane, Washington.
- Added:
- Jul 21, 2023
- Days on Market:
- 1084
- Last Refresh:
- May 20 at 9:07 pm
Property Features for 312-316 W Riverside Ave
General Information
- Standard status
- Active
- Size
- 2,328 SF
- Lot size
- 0.23 Acres
- Property subtype
- OFFICE
Listing office Goodale & Barbieri Company (509) 999-9324
Listing date Jul 21, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Goodale & Barbieri Company
HighLights
- Office space available for purchase
- Located in Spokane, Washington
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.7k | $22.20 |
| − Vacancy | −$7.2k | −$3.11 |
| EGI | $44.4k | $19.09 |
| − OpEx | −$11.1k | −$4.77 |
| NOI | $33.3k | $14.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.417
- Latitude
- 47.6582
