110 W Cliff Dr
Spokane WA 99204
LabCorp Building
110 W Cliff Dr Spokane WA 99204
Listing #: 657869 | Status: Available | Last Modified: 6/21/2023 |
For Sale
Erik Nelson
- Phone:(509) 755-7514
- Email:erik.nelson@kiemlehagood.com
- Office Name:Kiemle Hagood
- Office Phone:(509) 783-7663
- Office Website:
Showing Instructions
- Call Listing AgentNo
- Use DiscretionNo
Price Information
- Listing Price$ 11,000,000.0
- $/SF$ 141.2
- Listing StatusAvailable
- Days on Market670
- Asset ClassOffice
- Terms
Investment Information
- Investment Type
- Investment PropYes
- Gross Income862,824
- Vacancy Factor %5.00%
- Operating Expenses17,991
- Net Operating Income801,691
- CAP Rate 7.29 %
Detail Listing Information
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
Utilities
- Water
- Electricity
- Storm Sewer
Retail Information
- SignageSignage on Building and Freestanding
- Anchor
Associated Files
Building Information
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF77920
- Net Rentable Area77920
- Total Office SF
- Largest Contiguous SF
- Lot SF134339
- Acres3.08
Property Type
- Property TypeOffice
- Office TypeOther
- Building ClassB
Location
- CountySpokane
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaSouth Hill
- Tax ID #35194.2129
- Additional Parcels
- Zoning
Construction
- Year Built1970
- Year Renovated2001
- Completion Date
- Roof Type
- Construction Type
LabCorp Building
Public Comments
The Proforma is based on the current lease with Laboratory Corporation of America, which expires 4/30/2023. Landlord & Tenant are currently in negotiation for a renewal and downsize to +/-37,500 SF, leaving the remainder of the Subject Property for Owner / User or an Investment Opportunity.
Listing Images
