5709 Sunset HwySpokane, WA 99224

  • Office buildings
  • 40,928 SF
For Lease
$20/SF/YR View listing

Property Details for 5709 Sunset Hwy

Year built
2002
Lot size
2.64 AC
Property size (Sq ft)
40,928 SF
Property type
Office buildings
APN
25272.9192
APU
252729192

Description

This exceptional 8,347 square foot office space is available for sublease at 5709 W Sunset Hwy in Airway Heights, Spokane, Washington, zip code 99224. The property is situated in a prime location and offers a traditional office layout suitable for a variety of business needs. It's also classified as an executive office space, suggesting high-quality finishes and amenities. The entire building encompasses a substantial 45,602 square feet, providing ample space and potential for expansion or shared occupancy. This single-tenant occupancy opportunity presents a unique chance to secure a well-appointed office space in a thriving Spokane community. The address is conveniently located at 5709 W Sunset Hwy, offering easy access to major transportation routes and local amenities. The property's classification as both a traditional and executive office suggests a blend of functionality and upscale features. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the suitability of this space for their business requirements. The geographic coordinates are 47.6421791 latitude and -117.4951875 longitude. This sublease presents a flexible and potentially cost-effective solution for businesses seeking immediate office space in the Spokane area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,339,770
    6.5%
    $7,698,250
    7%
    $7,148,374
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,726,259
    Geo Method
    $8,726,259
  • Alternative Use

    Use
    Valuation
    Residential
    $9,545,830
    Hospitality
    $8,743,929
    Educational
    $7,274,846
    Medical
    $7,525,039
    Retail
    $11,316,427
5709 Sunset Hwy, Spokane, Washington

Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.6424
Longitude
-117.495
CBSA code
44060
CBSA name
SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,189
$344,990
$4,339,700
$4,684,690
-
$344,990
$4,339,700
$4,684,690

FAQs

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