312 W Sprague Ave, Spokane, WA 99201
Office property for sale in downtown Spokane.
- Added:
- Aug 9, 2023
- Days on Market:
- 1065
- Last Refresh:
- May 12 at 9:16 pm
Property Features for 312 W Sprague Ave
General Information
- Standard status
- Active
- Size
- 2,328 SF
- Property subtype
- Office
Listing office Goodale & Barbieri (509) 344-4919
Listing date Aug 9, 2023
Source Crexi
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
HighLights
- Top 6 selling points from all property information
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
Similar Places Nearby
- Safedesk — 157 S Howard St, Spokane, WA 99201, United States
- Sahasrara — 906 W 2nd Ave, Spokane, WA 99201
- HIGH PERFORMANCE COMPUTERS — 212 w 7th ave #5, spokane, wa 99204
- DIRE TECH SOLUTIONS LLC — 170 s lincoln st #100, spokane, wa 99201
- prodigy arrow — 417 W 1st Ave #3A, Spokane, WA 99201
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.4060817
- Latitude
- 47.6571094
