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    5306 Sunset Hwy Spokane, WA 99224

    Sponsored
    For Lease
    $18 SF/Yr ($3,640 /Mo)

    Spokane Retail Building - 2,427 SF

    Lot size:
    2,427 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This freestanding retail building, located at 5306 W Sunset Hwy in Spokane, Washington, 99224, offers 2,427 square feet of space on a 17,389 square foot lot. The property is zoned GC-70 and is situated in Spokane County. It's a single-tenant space, currently delivered as a vanilla shell, having recently undergone a complete remodel. The building enjoys exceptional visibility and accessibility, enhanced by ample parking and a prominent pole sign. Its strategic location between Airway Heights and Spokane makes it highly desirable for businesses seeking a prominent presence in a thriving area. The adaptable layout allows for customization to suit a variety of retail uses. This is a prime leasing opportunity for businesses seeking a functional and highly visible location with easy access and ample parking. The property's central location provides convenient access to a large customer base in both Spokane and Airway Heights. The GC-70 zoning provides flexibility for a range of retail businesses.

    Property Features for 5306 Sunset Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,427 SF
    Total Rate
    3640.5

    Unit(s) available at that property

    Space
    Size
    2,427 SF
    Rate per SF
    $18

    HighLights

    • High‑profile location atop Sunset Hill offers excellent visibility.
    • Centrally located between Airway Heights and Spokane.
    • Delivered as a vanilla shell following a recent remodel.
    • Features easy access, ample parking, and a prominent pole sign.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Clothing Store Gym & Fitness Pharmacy Wholesale Shop Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.48766393286
    Latitude
    47.643027014007

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    FAQs

    What type of property is this?
    Individual retail property - Spokane Retail Building - 2,427 SF
    Where is this individual retail property located?
    The property is located at 5306 Sunset Hwy Spokane, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: High-profile location atop Sunset Hill offers excellent visibility.; Centrally located between Airway Heights and Spokane.; Delivered as a vanilla shell following a recent remodel.
    Request Owner's contact information
    5306 Sunset Hwy Spokane, WA 99224
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    Spokane, WA 99224
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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
    5306 Sunset Hwy Spokane, WA 99224
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