Office Building For
2208 North Swing Lane Liberty Lake, WA 99019
2208 North Swing Lane, Liberty Lake, WA, 99019
$2,795,000
For Sale
$2,795,000
A well-sized office building offered for sale, totaling 10,820± square feet for flexible workplace uses.
Property Size10,820 SF
Price / SF$258.32
Days on Market50
Property Features for 2208 North Swing Lane
General Information
- Standard status
- Active
- Size
- 10,820 SF
- Property subtype
- Office
Building Details
- Year Built
- 2001
Listing agency
NAI Black - Spokane
(509) 710-2819
Listed by
Mark C. McLees
(509) 710-2819
Source
Naiblack
Added: Jun 2 Updated: Jul 10 at 1:47PM Checked: Jun 3 at 2:38AM
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 NAI Black - Spokane
Investment Insights
Based on property information with market context.
This office building offers a total improvement size of 10,820± square feet, providing a substantial foundation for professional tenants or owner-occupants seeking dedicated office space. The offering is categorized as an office building, with the improvements representing the primary usable asset.
The property is located at 2208 North Swing Lane in Liberty Lake, Washington. As presented in the listing materials, specific details on suite layout, entrances, parking, or frontage are not provided, so interested parties should confirm the configuration and any site features during due diligence.
From a tenant or buyer perspective, the building’s size supports a range of office-oriented occupancy plans, including consolidated headquarters, multi-team operations, or redevelopment into new office configurations depending on local feasibility. Because the public remarks focus primarily on total improvements rather than unit-level specifics, brokers and buyers will likely find it most useful as a candidate for organizations evaluating overall space needs and the practicality of adapting the interior to their operational requirements.
The property is located at 2208 North Swing Lane in Liberty Lake, Washington. As presented in the listing materials, specific details on suite layout, entrances, parking, or frontage are not provided, so interested parties should confirm the configuration and any site features during due diligence.
From a tenant or buyer perspective, the building’s size supports a range of office-oriented occupancy plans, including consolidated headquarters, multi-team operations, or redevelopment into new office configurations depending on local feasibility. Because the public remarks focus primarily on total improvements rather than unit-level specifics, brokers and buyers will likely find it most useful as a candidate for organizations evaluating overall space needs and the practicality of adapting the interior to their operational requirements.
Key Highlights
- Office building built in 2001
- Total building size is 10,820± SF
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 | $216.8k | $20.04 |
| − Vacancy | −$46.6k | −$4.30 |
| EGI | $170.3k | $15.74 |
| − OpEx | −$42.6k | −$3.93 |
| NOI | $127.7k | $11.80 |
10,820 SF · lease $20.04/SF/yr · vacancy 21.47% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.82M
$1.60M – $2.13M
NOI $127,709 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,014 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - A well-sized office building offered for sale, totaling 10,820± square feet for flexible workplace uses.
Where is this office building located?
The property is located at 2208 North Swing Lane Liberty Lake, WA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Office building built in 2001; Total building size is 10,820± SF
