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5615 W Sunset Hwy
Spokane, WA 99224
Kaiser Permanente · Office Property For Sale


EXECUTIVE SUMMARY
Located near Spokane Airport in West Spokane. Ideal for investors seeking a single tenant, triple net investment with a quality tenant in place.
Building Area: 57,750 SF
Land Area: 290,545 SF
Lease: NNN (Landlord responsible for structural components only)
Year built: 1993
Steel frame with Eifs Exterior
Tenant: Kaiser Foundation Health Plan
Lease End Date: June 30, 2025
Building Area: 57,750 SF
Land Area: 290,545 SF
Lease: NNN (Landlord responsible for structural components only)
Year built: 1993
Steel frame with Eifs Exterior
Tenant: Kaiser Foundation Health Plan
Lease End Date: June 30, 2025
PROPERTY FACTS Under Offer
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Property Size
38,392 sq ft
Costar Property Class
B
Year Built
1993
Price
£6,915,855
Price per sq ft
£180.14
Yield
7.50%
NOI
£518,689
Tenancy
Single
Number of Floors
2
Typical Floor Size
19,196 sq ft
Plot ratio
0.13
Total Plot Size
6.67 ac
Use Class
CB
Parking
321 Spaces (8.36 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
PROPERTY TAXES
| Parcel Number | 25272.9167 | Improvements Assessment | £5,271,451 |
| Land Assessment | £651,690 | Total Assessment | £5,923,142 |
PROPERTY TAXES
Parcel Number
25272.9167
Land Assessment
£651,690
Improvements Assessment
£5,271,451
Total Assessment
£5,923,142
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