1620 Mamer RdSpokane Valley, WA 99216

Property Details for 1620 Mamer Rd

Year built

2021

Lot size

4.46 AC

Property size (Sq ft)

23,408 SF

Property type

Retail properties

Property subtype

Parking lots & garages

APN

45104.0213

APU

451040213

Description

This exceptional Class A industrial property, Evergreen Commerce Park, offers a diverse range of spaces ideal for manufacturing, flex, warehouse, or distribution operations. Located in Spokane County's Valley submarket with direct Interstate 90 frontage, this multi-tenant building boasts a total of 41,163 square feet across three single-story buildings, constructed in 2021. Currently, 10,710 square feet of contiguous space is available, with a minimum divisible space of 2,142 square feet. The property features a 20-foot ceiling height, providing ample vertical space for various uses. The site encompasses 4.46 acres of land, offering ample room for expansion or outdoor storage. The building includes one loading dock and three-phase power. Tenant improvement (TI) allowances are available at a rate of $17.00 to $20.00 per square foot for built-out spaces. Property taxes are $0.20 per square foot. This is a rare opportunity to secure high-quality industrial space in a thriving location with excellent access to major transportation routes. Contact us today to learn more about leasing options and explore the possibilities for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $6,153,683

  6.5%

  $5,680,323

  7%

  $5,274,586

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,576,866

  Geo Method

  $12,576,866

• Alternative Use

  Use

  Valuation

  Residential

  $4,791,565

  Hospitality

  $4,389,048

  Educational

  $3,651,636

  Medical

  $3,777,222

  Retail

  $5,680,323

Location Insight

City

Spokane Valley

County

Spokane

State

Washington

Latitude

47.6724

Longitude

-117.22

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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