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WA State - Department of Corrections

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WA State - Department of Corrections

1717 W Broadway Ave, Spokane, WA 99201
Office For Sale Available Built 1906 3 floors Zoning: CC1
Asking Price
$2,800,000
Total Building27,013 SF
Available27,013 SF avail
Land27,493 SF land
Parking Total51
& Uncov.
ConstructionBrick,Masonry
MarketCBD & Periphery
CountySpokane

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
261232
Listing ID
707184
Type
Office
Asset Class
Office
Zoning
CC1

Description

We are pleased to present the opportunity to acquire a mission-critical, single-tenant office property in West Central Spokane, Washington, fully leased to the Washington Department of Corrections (WA DOC) through December 2030. The lease is fully guaranteed by the State of Washington, which maintains Moody’s highest possible Aaa credit rating, ensuring exceptional tenant stability and minimal credit risk. Occupied as an essential facility for community supervision, offender rehabilitation, and regional administration, the property benefits from the tenant’s long-term commitment to this specific location, supported by a firm 10-year lease term that provides investors with secure, predictable cash flow.The asset stands out for its embedded growth potential and turnkey condition. Current i

Listing Courtesy of:

SL
Stren Lea
Lee & Associates Commercial Real Estate Services
170 120th Avenue NE, Suite 203,
Bellevue, WA 98005
State: WA City: Spokane ZIP: 99201 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.