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    10 Evergreen Rd Spokane Valley, WA 99216

    Sponsored
    For Lease
    $15 SF/Yr ($8,004 /Mo)

    Prime Medical Retail, High Visibility, 6,110 SF

    Lot size:
    6,110 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,110-square-foot retail property, located at 10 N Evergreen Rd in Spokane Valley, WA 99216, presents a unique investment opportunity. The single-tenant building is ideally suited for medical uses and boasts a prime corner location at the intersection of Sprague and Evergreen Roads, ensuring excellent visibility and accessibility. Its strategic placement directly across the street from major retailers like Target and Safeway guarantees high foot traffic and significant brand exposure. The 0.37-acre lot provides ample parking for customers and staff, a crucial advantage in a busy commercial area. The building's 6,110 square feet offer substantial space for a variety of medical practices or related businesses. This property is a rare find, combining a desirable location with excellent visibility and ample parking, making it an attractive proposition for discerning investors seeking a strong return on investment in a thriving Spokane Valley market. The property's single-tenant occupancy simplifies management and provides a stable income stream. This is an exceptional opportunity to acquire a well-positioned retail space in a high-traffic area with significant potential for growth.

    Property Features for 10 Evergreen Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,110 SF
    Total Rate
    8004.1

    Unit(s) available at that property

    Space
    Size
    6,110 SF
    Rate per SF
    $15

    HighLights

    • High visibility and ample parking.
    • Excellent location directly across from Target and Safeway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sheer Salon and Spa Hair Salon Lymphatic-Sparing Liposuction Surgical Center Hair Extensions By ... Hair Salon 7 Wonders Beauty ... Hair Salon 7 Wonders Beauty ... Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.2178802
    Latitude
    47.6574381

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    FAQs

    What type of property is this?
    Retail property - Prime Medical Retail, High Visibility, 6,110 SF
    Where is this retail property located?
    The property is located at 10 Evergreen Rd Spokane Valley, WA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: High visibility and ample parking.; Excellent location directly across from Target and Safeway.;
    Request Owner's contact information
    10 Evergreen Rd Spokane Valley, WA 99216
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    Spokane Valley, WA 99216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Evergreen Rd Spokane Valley, WA 99216
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