111 E Magnesium Rd | Spokane, WA 99208
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111 E Magnesium Rd
Spokane, WA 99208
Office Property For Sale
PROPERTY FACTS
Property Type
Office
Building Size
13,896 SF
Building Class
B
Year Built
1984
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,948 SF
Building FAR
0.60
Lot Size
0.53 AC
Zoning
GC-70
Parking
31 Spaces (1.37 Spaces per 1,000 SF Leased)
ABOUT 111 E MAGNESIUM RD , SPOKANE, WA 99208
Fully Leased Office Investment Property for Sale Located at 111 East Magnesium one block east of Division Street on Spokane's Northside • Dr. Rose Medical Clinic occupies 1,400 Sq. Ft. paying $1,100 per month thru October 31, 2020. • Assisted Residential Services occupies approximately 12,500 sq. ft. paying $8,000 per month thru May 31, 2021. • 29 Car Parks on site • Landlord pays property taxes and property insurance • NOI of approximately $98,200 per year • 8.18 Cap Rate
PROPERTY TAXES
| Parcel Number | 36202.0085 | Improvements Assessment | $962,400 |
| Land Assessment | $231,000 | Total Assessment | $1,193,400 |
PROPERTY TAXES
Parcel Number
36202.0085
Land Assessment
$231,000
Improvements Assessment
$962,400
Total Assessment
$1,193,400
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