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    FOR LEASE
    Office buildings

    424 S Sullivan Rd, Spokane Valley, WA 99037

    1,600 SF 0.26 ac lot Built 1971
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US90-0957953
    Property summary
    AI-generated overview

    This exceptional executive office space, located at 424 S Sullivan Rd in Spokane Valley, WA 99037, offers a prime opportunity for businesses seeking a prestigious address. The property, built in 1971 and boasting Corridor Mixed Use (CMU) zoning, comprises a total of 3,200 square feet, with 3,184 square feet currently vacant and available for lease. The space is situated on the second floor and offers a maximum contiguous area of approximately 1,837 square feet, with a minimum divisible space of 143 square feet, providing flexibility for various business needs. The building features ample parking with 12 spaces available for tenants. Its convenient location on Sullivan Road offers excellent visibility and easy access to Sprague Avenue and Interstate 90, ensuring convenient commutes for employees and clients alike. The property's APN is 45231.3503. This is a multi-tenant building offering a professional and efficient work environment. The property's central Spokane Valley location provides easy access to a variety of amenities and services, making it an ideal location for businesses of all sizes. The available space is perfect for companies seeking a modern and functional workspace in a thriving community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1971
    Construction STEEL FRAME
    Total area 1,600 SF
    Lot 0.26 ac (11,479 SF)
    APN 45231.3503
    UPID US90-0957953
    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
    Current use
    Occupant on record · Public records
    • SetPoint Physiology Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $965k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $930k
    Owner & transaction history
    Bains & Bolina Two LLC · 5 yrs held
    Bains & Bolina Two LLC
    since 2021
    Last sale
    $1.2M
    4 recorded transactions
    2021
    $1.2M
    2014
    2013
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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