3707 Decatur AveSpokane, WA 99217

Property Details for 3707 Decatur Ave

Year built

2017

Lot size

0.89 AC

Property size (Sq ft)

14,700 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

36341.0205

APU

363410205

Description

This exceptional 1,500 square foot flex/warehouse space is immediately available in Spokane, WA. Located at 3707 E Decatur Ave, 99217, this single-story building boasts a total of 15,810 square feet, situated on a generous 38,850 square foot lot. Constructed in 2017, the property is in excellent condition, featuring well-maintained grounds. The unit includes a convenient 12x12 roll-up door with an automatic opener. While the existing lease terminates March 1, 2027, the landlord is willing to cooperate on a longer-term lease. This property is ideal for a variety of non-automotive uses. The building is part of a multi-tenant property. Estimated monthly NNN expenses are $0.25 per square foot. Don't miss this opportunity to secure a prime industrial space in a thriving Spokane location. Inquire today to learn more about this exceptional property and its leasing terms.

• CAP approach

  CAP return

  Valuation

  6%

  $4,390,486

  6.5%

  $4,052,756

  7%

  $3,763,273

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,898,151

  Geo Method

  $7,898,151

• Alternative Use

  Use

  Valuation

  Residential

  $3,418,651

  Hospitality

  $3,131,466

  Educational

  $2,605,343

  Medical

  $2,694,945

  Retail

  $4,052,756

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.7142

Longitude

-117.355

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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