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514 S Washington St
Spokane, WA 99204
Hanger Clinic - Spokane · Office Property For Sale
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
3,969 SF
Building Class
B
Year Built/Renovated
1939/2007
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,969 SF
Building FAR
0.35
Lot Size
0.26 AC
Zoning
CB
Parking
14 Spaces (3.53 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
About 514 S WASHINGTON ST , SPOKANE, WA 99204
The Property is fully leased by Hanger Clinic, a publicly traded (NYSE:HGR) national company with over 740 locations across 45 states. Hanger Clinic signed a new, 10-year lease in 2014 with further options to extend. Additionally, the Property' s lease has scheduled rent growth exhibiting three percent annual increases. The Property is centrally located in Spokane' s medical district on the Central Business District periphery in close proximity to several major regional hospitals. Notably, the nearby Sacred Heart and Deaconess Hospitals combine more than 950 beds and employ nearly 6,000 people. The Property also has excellent access to I-90 and a dense population base, boasting more than 200,000 residents within five miles.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,358,500 | |
| Land Assessment | $495,000 | Total Assessment | $1,853,500 |
Property Taxes
Parcel Numbers
Land Assessment
$495,000
Improvements Assessment
$1,358,500
Total Assessment
$1,853,500
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