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    FOR LEASE
    Office buildings

    1334 N Whitman Ln, Liberty Lake, WA 99019

    25,494 SF 2.35 ac lot Built 2010
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US90-1099821
    1334 N Whitman Ln, Liberty Lake, WA 99019 For Lease
    $7,960,000
    1334 N Whitman Ln, Liberty Lake, WA 99019
    View Listing →
    Property summary
    AI-generated overview

    This exceptional two-story, 26,000 square foot Class B office building, constructed in 2010, presents a unique investment opportunity in Liberty Lake, Washington. Located at 1334 N Whitman Ln, 99019, this multi-tenant property boasts excellent visibility from Interstate 90, enjoying high traffic counts of 79,000 vehicles daily. The building features a desirable tenant mix and ample parking. Currently, two suites are available, ranging from 3,105 to 3,743 square feet, ideal for traditional office, medical office, or creative office uses. Building amenities include a convenient elevator, an interior reader board for enhanced visibility, and a beautifully landscaped park-like setting complete with a waterfall. Situated in Spokane County, this property offers a blend of functionality and aesthetic appeal, making it an attractive option for businesses seeking a prominent location with impressive surroundings. The property's location provides easy access to major transportation routes, enhancing its appeal to both employees and clients. This is a rare opportunity to secure space in a well-maintained, highly visible building within a thriving community.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 2010
    Total area 25,494 SF
    Lot 2.35 ac (102,366 SF)
    APN 55152.9190
    UPID US90-1099821
    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
    AI Approach AI
    $7.79M
    CAP Approach CAP
    $4.94M
    Comparable Approach Comparable
    $8.35M
    Blend (final) Blend
    $7.96M
    Owner & transaction history
    Liberty Lake Health & Wellness Cent · 4 yrs held
    Liberty Lake Health & Wellness Cent
    since 2021
    Last sale
    $7.7M
    7 recorded transactions
    2021
    2021
    $7.7M
    2017
    2010
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $10.4M +70.3%
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    More about this property
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