605 Holland AveSpokane, WA 99218

Property Details for 605 Holland Ave

Year built

2000

Lot size

6.63 AC

Property size (Sq ft)

105,565 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

36174.1545

APU

361741545

Description

This exceptional three-building office complex, Northpointe Office Building, offers a diverse range of flexible spaces ideal for businesses of all sizes. Located at 605 E Holland Ave, Spokane, WA 99218, this Class B property boasts a total of 117,226 square feet, built in 2000. The property is currently multi-tenant occupied, with 43,158 square feet of vacant space available for lease. Units range from a minimum of 788 square feet to a maximum contiguous space of 36,087 square feet, catering to various business needs. The building's design accommodates executive, traditional, and creative office layouts, providing versatility for diverse workplace configurations. Its prime Spokane location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a well-established and adaptable workspace. The property's multiple building structure allows for expansion opportunities and enhanced operational efficiency. Interested parties are encouraged to inquire about available space and lease terms. This is a fantastic opportunity to secure high-quality office space in a thriving Spokane location.

• CAP approach

  CAP return

  Valuation

  6%

  $17,271,050

  6.5%

  $15,942,508

  7%

  $14,803,758

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,507,514

  Geo Method

  $22,507,514

• Alternative Use

  Use

  Valuation

  Residential

  $19,768,710

  Hospitality

  $18,108,032

  Educational

  $15,065,670

  Medical

  $15,583,802

  Retail

  $23,435,486

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.7449

Longitude

-117.4

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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