121 S Wall St, Spokane, WA 99201
Office unit featuring a fireplace, balcony, and parking.
- Added:
- Sep 16, 2025
- Days on Market:
- 268
- Last Refresh:
- Apr 5 at 8:34 pm
Property Features for 121 S Wall St
General Information
- Standard status
- Active
- Size
- 3,190 SF
- Lot size
- 0.05 Acres
- Property subtype
- OFFICE
Listing agent Craig Soehren License #22137 (509) 755-7548
Listing office Kiemle Hagood (509) 755-7548
Listing date Sep 16, 2025
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 Kiemle Hagood
HighLights
- 10 parking spaces in the WTB East Building parking garage with ability to lease out (7 currently leased).
- Walking distance to restaurants, shopping & entertainment.
- Open floor plan with skylight.
- Balcony patio.
- Functioning wood fireplace.
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 | $70.8k | $22.20 |
| − Vacancy | −$9.9k | −$3.11 |
| EGI | $60.9k | $19.09 |
| − OpEx | −$15.2k | −$4.77 |
| NOI | $45.7k | $14.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.422
- Latitude
- 47.656
