Property profile

10219 Sunset Hwy Spokane, WA 99224

OFF-MARKET
Neighborhood centers
10,790 SF Built 2021
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Property summary

AI-generated overview

Hazelwood Square Development offers a unique investment opportunity in Spokane County. This 10,790 square foot multi-tenant complex, built in 2021, boasts a flexible design catering to a variety of commercial needs. Currently, there are three available spaces ranging in size from 1,500 to 50,000 square feet, providing ample room for expansion or consolidation. The property's diverse zoning allows for retail, office, medical office, light industrial, and flex uses, making it an ideal location for businesses seeking versatility. The 7.28-acre lot provides ample parking and potential for future development. The building's modern construction ensures energy efficiency and a contemporary aesthetic. With 4,276 square feet currently vacant, this presents a significant opportunity for immediate occupancy. The property's location in Spokane County offers excellent access to major transportation routes and a thriving local economy. This is a rare chance to acquire a well-maintained, versatile commercial property with significant growth potential. The multiple tenancy structure provides a diversified income stream and a built-in tenant base. The property's adaptability makes it suitable for a wide range of businesses, ensuring long-term value and stability. Contact us today to learn more about this exceptional investment opportunity.

Property profile

Verified
Property type Neighborhood centers
Year built 2021
Total area 10,790 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop Take-out & Catering
  • Dental Office
  • Dental Office
  • Barber Shop
  • Dental Office

Location

10219 Sunset Hwy Spokane, WA 99224
Spokane metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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