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Property profile & analytics

16001 Broadway Ave Spokane Valley, WA 99037

  • Retail properties
  • 7,617 SF
  • 1.23 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 16001 Broadway Ave

Year built
2023
Lot size
1.23 lot acres
Property size
7,617 SF
Property type
Retail properties
Property subtype
Office Properties & Spaces

Description

This exceptional 7,617 square foot single-tenant building, constructed in 2023, presents a unique opportunity for businesses seeking high visibility and accessibility. Situated on 1.23 acres of land (APN 45131.0601), the property boasts a prime location within a major retail hub, ensuring significant foot traffic and brand exposure. Neighboring prominent national retailers such as Walmart, Kohl's, Lowe's, and PetSmart, this property benefits from the established customer base and high traffic volume of this thriving commercial area. The building's classification as both retail and traditional office space offers flexibility for a variety of business types. High daily traffic counts are recorded on both Sullivan Avenue (46,000 ADT) and East Broadway Avenue (26,000 ADT), guaranteeing substantial visibility for your business. The property's modern construction and single-tenant occupancy provide a clean slate for immediate operation, minimizing initial setup costs and maximizing efficiency. This is an unparalleled opportunity to establish a strong presence in a high-demand retail corridor. The property is categorized as a traditional office space and retail space, offering versatility for various business needs. The building's single-tenant occupancy ensures exclusive use and control of the entire 7,617 square foot space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Spokane Valley
County
Spokane
State
Washington
Longitude
-117.189
Latitude
47.6648
More about this property
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