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601 W 5th Ave, Spokane, WA 99204

Located in the Hospital District, near multiple medical centers.

Space Size1,740 SF - 5,369 SF
Days on Market2771

Property Features for 601 W 5th Ave

General Information

Standard status Active
Size 1,740 SF - 5,369 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 601 W 5th Ave Contact us

Suite 302

Size
1,740 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 102

Size
5,369 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Goodale & Barbieri
Listed By: Bill Duffy · License #WA46743
Source: Crexi
Added: Jan 29, 2019 Changed: Aug 8 Last Checked: Aug 31 at 6:03AM

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

Investment Insights

Based on property information with market context.

This property is located within the Hospital District and is accessible via a bus line. It is situated adjacent to Deaconess Medical Center and one block east of Shriner’s Hospital for Children. Providence Sacred Heart Medical Center & Children’s Hospital is located one mile to the west.

Key Highlights

  • Located within the Hospital District
  • Adjacent to Deaconess Medical Center
  • One block east of Shriner’s Hospital for Children

Property Analytics

Current Use

Thomas Kwiatkowski, MD Hospital NWOS Medical Clinic Inspire Physical & Hand ... Medical Clinic Jesse Brouwer, PT, ... Physician Spokane Occupational & Hand ... Physician

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,669
Businesses Nearby
Balanced
Demand for This Use

Demographics for 99204, WA

7,000
Population
4,357
Households
1.6
Avg Household Size
34
Median Age
37%
College-Educated
93%
High-School Grad
1.0 sq mi
ZIP Area
7,000
Density / Sq Mi
$50,266
Median Household Income
$39,036
Median Earnings
$1,103
Median Rent
$355,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Located in the Hospital District, near multiple medical centers.
Where is this medical office space located?
The property is located at 601 W 5th Ave Spokane, WA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located within the Hospital District; Adjacent to Deaconess Medical Center; One block east of Shriner’s Hospital for Children
(509) 459-6109 Call to check price and availability
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