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15920 E Indiana Ave
Spokane Valley, WA 99216
Indiana Professional Building · Office Property For Sale
Investment Highlights
- 92.5% Occupied: Suite 201 offers 1,927 SF at $18/SF | Suite 103 offers 7,374 SF at $19.50/SF NNN
- Flexible Mixed Use Zoning
- 2 Stories | Pylon Sign | 131 Parking Stalls (5.6/1000)
Executive Summary
This exceptional building is built and owned by a premier builder, offering a strong investment opportunity.
Ideally situated with prominent freeway signage, it provides convenient access to Spokane, Spokane Valley,
and Liberty Lake. This Class A Medical Office building is meticulously maintained, featuring brand-new
interior and exterior paint completed in 2024. Anchor tenant has invested over $2 million into this property.
Financial details are available upon signing a non-disclosure (NDA)
Ideally situated with prominent freeway signage, it provides convenient access to Spokane, Spokane Valley,
and Liberty Lake. This Class A Medical Office building is meticulously maintained, featuring brand-new
interior and exterior paint completed in 2024. Anchor tenant has invested over $2 million into this property.
Financial details are available upon signing a non-disclosure (NDA)
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
27,688 SF
Building Class
B
Year Built
2005
Price
$10,049,200 CAD
Price Per SF
$362.94 CAD
Cap Rate
5.61%
NOI
$563,760 CAD
Percent Leased
48%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,844 SF
Building FAR
0.34
Lot Size
1.87 AC
Zoning
Office - Mixed Use Zoning
Parking
142 Spaces (5.13 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 45132.0417 | Improvements Assessment | $5,733,332 CAD |
| Land Assessment | $1,561,702 CAD | Total Assessment | $7,295,034 CAD |
Property Taxes
Parcel Number
45132.0417
Land Assessment
$1,561,702 CAD
Improvements Assessment
$5,733,332 CAD
Total Assessment
$7,295,034 CAD
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