8775 Msn Ave Spokane Valley, WA 99212-2531
- Office buildings
- 13,560 SF
- 1.05 lot acres
Current Use by Public Records
- CompuCom Financial & Business Software Solutions / Software Company
- Coverify Insurance WA / Insurance Agency
- University of Phoenix - Eastern Washington Campus / University
Property Details for 8775 Msn Ave
- Year built
- 2004
- Lot size
- 1.05 lot acres
- Property size
- 13,560 SF
- Property type
- Office buildings
- APN
- 45074.0919
- APU
- 450740919
Description
This exceptional 13,560 square foot Class B office building in Spokane Valley, WA, is available for sale at $3,150,000 ($232.30/SF). Built in 2004, the property boasts a prime location at 8775 E Mission Ave, 99212, offering excellent freeway visibility and signage opportunities. The building sits on two parcels (APN 45074.0918 & 45074.0919), encompassing approximately 33,750 SF and 45,723 SF respectively. The property features ample parking with 97 stalls and is suitable for single or multi-tenant occupancy. Tenant improvements are negotiable. This presents a unique investment opportunity in a thriving Spokane Valley market. The property is offered as a Triple Net (NNN) lease. The building's size is approximately 13,560 square feet. This is a multi-tenant property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,460,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,790,000
- 6.5%
- $3,030,000
- 7%
- $2,935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,915,000
- Geo Method
- $2,760,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,235,000
- Retail
- $2,985,000
- Mixed-Use
- $2,530,000
- Hospitality
- $2,745,000
- Educational
- $3,030,000
- Residential Income
- $3,175,000
- Energy
- $2,510,000
- Income-Based Land
- $2,990,000
- Food Service
- $3,145,000
Location Insight
- Map
- Local Demand
- City
- Spokane Valley
- County
- Spokane
- State
- Washington
- Longitude
- -117.287
- Latitude
- 47.6723
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA