Description
111 E Lincoln Rd is a 100% leased, multi-tenant office investment offered at $1,250,000. The 8,432 SF building sits on 0.55 acres with 36 on-site parking stalls and is zoned O-35, supporting long-term office and service oriented use. The property generates $64,538 in current NOI (5.2% cap) with a clear path to $101,689 pro forma NOI (8.15% cap) through rent growth. The tenant mix includes counseling, nonprofit youth services, real estate, and salon users—providing stable, needs-based demand. Located near high-traffic North Spokane retail corridors with strong visibility and access, the asset offers immediate cash flow with upside potential.