Property profile

316 W Boone Ave Spokane, WA 99201

FOR LEASE
Banks
Property ID
US90-0834411
544 SF 2.82 ac lot Built 1990
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

Rock Pointe West - Tower Suites offers premium executive office space for lease in Spokane, Washington. Located at 316 W Boone Ave, 99201, this property provides flexible tenancy options for businesses of various sizes. Units are available in sizes ranging from a minimum of 326 square feet to a maximum contiguous space of 7,468 square feet, catering to diverse occupancy needs. The building boasts ample free parking, with a generous ratio of four spaces per 1,000 square feet, and some covered parking is also available. This location is classified as a periphery submarket within Spokane, offering a potentially advantageous balance of accessibility and cost-effectiveness. The property is categorized as an office building with a specific subtype of executive office space, suggesting a higher level of finish and amenities than standard office spaces. The multiple tenancy structure allows for a variety of lease terms and configurations to suit individual business requirements. Interested parties are encouraged to inquire about available space and lease terms. The building's address is conveniently located at 316 W Boone Ave, Spokane, WA 99201.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1990
Total area 544 SF
Lot 2.82 ac (122,805 SF)
APN 35181.1024
UPID US90-0834411

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
  • Consultant Mortgage Lender
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank

Location

316 W Boone Ave Spokane, WA 99201
Spokane metro Census 2400 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$140k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2023
Price N/A
2023
Price N/A
2023
Price N/A
2023
$29.1M
2023
Price N/A
2018
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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