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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

16001 Broadway Ave Spokane Valley, WA 99037

7,617 SF 1.23 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 7,617 SF
Lot 1.23 ac (53,579 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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