6208 Colton StSpokane, WA 99208

Property Details for 6208 Colton St

Year built

2002

Lot size

0.34 AC

Property size (Sq ft)

2,912 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

36322.0527

APU

363220527

Description

This exceptional 3,000 square foot single-tenant medical office building is available for lease in Spokane County. Built in 2002, the one-story structure offers a convenient and well-maintained space ideal for a variety of medical or executive office uses. Previously occupied by an urgent care clinic, the property boasts ample space for various medical practices or professional offices. The building features a modified gross lease at a rate of $22.00 per square foot. Conveniently located on Colton Avenue, the property benefits from excellent visibility and signage opportunities, with shared parking available in a lot adjacent to the building. The property's single-tenant occupancy provides a unique opportunity for a business seeking a dedicated and private workspace. Parcel number 36322.0527 provides easy identification for interested parties. This is a rare opportunity to secure a well-located, functional, and readily available office space in a thriving area of Spokane County. The building's modern design and convenient amenities make it an attractive option for businesses seeking a professional and efficient work environment. The property's strategic location ensures easy access for clients and employees alike. Don't miss this chance to establish your business in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $476,420

  6.5%

  $439,772

  7%

  $408,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $620,868

  Geo Method

  $620,868

• Alternative Use

  Use

  Valuation

  Residential

  $545,318

  Hospitality

  $499,508

  Educational

  $415,585

  Medical

  $429,878

  Retail

  $646,466

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.7145

Longitude

-117.407

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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