10 Evergreen Rd, Spokane Valley, WA 99216-5083
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.