Fidelity Building

Location

Map
Street

City Spokane, WA
Neighborhood Riverside
Zip Code 99201
Market Spokane

Contacts

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Owner

True Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 18 Sep, 2019
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Spokane

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Spokane Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $20.16
2020 Office Vacancy Rate 6.96%
2020 Office Completions (SF) 159,000

Spokane Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $89.40
Y-o-Y Avg. PpSF Change 16.82%
2020 Office Sales Volume $10.1M
2020 Number of Transactions 3

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Tax

Property Tax in 2022 $41,044
Market Value* $3,520,060
Assessed Value $3,520,060

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Fidelity Building?

Fidelity Building totals 70,000 square feet.

When was this property built?

Fidelity Building was built in 1952.

When was Fidelity Building last sold?

Fidelity Building was last sold on 18 Sep, 2019.

What is the property tax for Fidelity Building?

The property tax for Fidelity Building in 2022 was $41,044.

What is the market value for Fidelity Building?

The market value* for Fidelity Building in 2022 was $3,520,060.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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