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Rock Pointe Corporate Center - One Rock Pointe

Off-Market

1212 North Washington Street, Spokane, WA 99201

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  • Property Type Office - General Office
  • Property Size 54,998 SF
  • Lot Size 0.93 Acre
  • Parking Spaces Avail. 219
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1987

Location

  • City Spokane, WA
  • Neighborhood Emerson - Garfield
  • 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 02 Jun, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/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
View more Spokane market trends

Tax

  • Property Tax in 2022 $52,008
  • Market Value* $4,460,330
  • Assessed Value $4,460,330

Find more tax info, including assessment history and abatements, on CommercialEdge

*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 Rock Pointe Corporate Center - One Rock Pointe?

Rock Pointe Corporate Center - One Rock Pointe totals 54,998 square feet.

When was this property built?

Rock Pointe Corporate Center - One Rock Pointe was built in 1987.

When was Rock Pointe Corporate Center - One Rock Pointe last sold?

Rock Pointe Corporate Center - One Rock Pointe was last sold on 02 Jun, 2014.

What is the property tax for Rock Pointe Corporate Center - One Rock Pointe?

The property tax for Rock Pointe Corporate Center - One Rock Pointe in 2022 was $52,008.

What is the market value for Rock Pointe Corporate Center - One Rock Pointe?

The market value* for Rock Pointe Corporate Center - One Rock Pointe in 2022 was $4,460,330.
*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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