Kaiser Permanente | 5615 W Sunset Hwy
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Kaiser Permanente 5615 W Sunset Hwy
57,750 SF Office Building Spokane, WA 99224 £7,237,663 (£125/SF) 7.50% Net Initial Yield
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
Sale Type
Investment NNN
Property Type
Office
Building Size
57,750 SF
Building Class
B
Year Built
1993
Price
£7,237,663
Price Per SF
£125
Net Initial Yield
7.50%
NOI
£542,825
Tenancy
Single
Number of Floors
2
Typical Floor Size
28,875 SF
Building FAR
0.20
Lot Size
6.67 AC
Zoning
CB
Parking
321 Spaces (6.6 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
PROPERTY TAXES
| Parcel Number | 25272.9167 | Improvements Assessment | £4,704,481 |
| Land Assessment | £682,015 | Total Assessment | £5,386,495 |
PROPERTY TAXES
Parcel Number
25272.9167
Land Assessment
£682,015
Improvements Assessment
£4,704,481
Total Assessment
£5,386,495
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Kaiser Permanente | 5615 W Sunset Hwy
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