crescent building - office & retail space...2nd floor - skywalk c-2 3,461 current $16.00...
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![Page 1: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/1.jpg)
SVN | CORNERSTONE | 1303 N. WASHINGTON ST., SUITE B, SPOKANE, WA 99201 LEASE BROCHURE
CRESCENTBUILDING - OFFICE& RETAIL SPACE707 W MAIN AVESPOKANE, WA 99201
Guy ByrdDesignated [email protected]
David PowellSenior [email protected]
John J. HillierSenior [email protected]
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FLOORUNIT
NUMBERUNIT
SIZE (SF)LEASESTART
PRICEPER SF/YR
LEASETYPE
1st Floor A-8 3,760 Current $8.00 Modified Gross
(Excludes Janitorial)
1st Floor A-11 3,803 Current $18.00 NNN
(Triple Net)
2nd Floor - Skywalk B-1 - B-6 9,934 Current $16.00 Modified Gross
(Excludes Janitorial)
2nd Floor - Skywalk B-10 - B-11 3,392 Current $16.00 Modified Gross
(Excludes Janitorial & Electrical)
2nd Floor - Skywalk B-12 3,374 Current $16.00 Modified Gross
(Excludes Janitorial & Electrical)
2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross
(Excludes Janitorial & Electrical)
6th Floor 601 2,373 Current $18.00 Modified Gross
Basement Lower Level 30,000 Current $8.00 Modified Gross
(Excludes Janitorial)
Totals/Averages 60,097 $11.52
Crescent Building Available Suites
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
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OFFERING SUMMARY
Available SF: Divisible to 1,000 SF
Contiguous to 13,326
SF
Lease Rate: $8.00-20.00 SF/YR
Lot Size: 0.92 Acres
Year Built: 1919
Total Office/Retail Space: 60,097 SF
Lower Level Size: 30,000 SF ±
Zoning: Downtown Core
Market: Downtown Spokane
PROPERTY OVERVIEW
The Crescent Building has been a premier downtown location for manyyears. It is situated in the heart of downtown Spokane just across fromRiver Park Square. Interconnecting Skywalks to adjacent buildingsprovides easy access to several restaurants and shops, and brings walkthrough foot traffic. With multiple spaces for lease available you canchose between street level store front, skywalk level store front, or asuite with a view. This is an excellent option for your business.
PROPERTY HIGHLIGHTS
• Direct Skywalk access on the second floor to River Park Square, The ChaseBuilding, STA Bus Plaza and The 809 Lofts Building.
• 4,607 ADT Count
• On site management & 24 hour accessibility.
• Several restaurants & shops in the building and nearby
• Suite A-11 street level store front retail space next to MOD Pizza
• Executive suites are currently occupied on month to month basis.
The Crescent Building
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 4: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/4.jpg)
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
The Crescent Building
![Page 5: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/5.jpg)
The Crescent Building
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 6: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/6.jpg)
1st Floor Plans - Crescent Building
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 7: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/7.jpg)
2nd Floor Plans - Crescent Building
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 8: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/8.jpg)
2nd Floor Executive Suites Available
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 9: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/9.jpg)
6th Floor Plans - Crescent Building
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 10: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/10.jpg)
Lower Level Floor Plan - Crescent Building
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 11: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/11.jpg)
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 11The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
Retailer Map - W Main Ave & N Post St
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The Crescent Building Location Maps
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 12The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 13: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/13.jpg)
AREA HIGHLIGHTS
• The Spokane Metropolitan Area has a population of
approximately 550,000. In addition Washington is the
second most populous state in the West behind
California. • Spokane is Eastern Washington's largest
city and the second largest city in the state of
Washington. Seattle is 280 miles from Spokane.
• There are 6 major hospitals and over 1,000 health-
related businesses in the area employing 35,000. This
makes healthcare the largest industry in the area and
Spokane Metropolitan Area the largest health care
network between Seattle and Minneapolis.
• Major employers in the Spokane Metropolitan area
include Fairchild Air Force Base, Providence Health &
Services, State of Washington, and Kalispel Tribal
Economic Authority/ Northern Quest Resort & Casino.
• Between Gonzaga University and the Riverpoint
Campus (Washington State University, Eastern
Washington University, University of Washington, and
Whitworth University) the booming University District of
Spokane has approximately 20,000 students and
growing.
• Research from Moody's Analytics discovered that
Spokane's cost of doing business is 18% below the
national average. Forbes named Spokane in their Top 25
Cost of Doing Business list.
• Spokane was named in Forbes Top 100 Best Places for
Business and Careers
Downtown Spokane Area Highlights
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 13The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 14: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/14.jpg)
POPULATION 1 MILE 3 MILES 5 MILES
Total population 11,700 113,073 249,073
Median age 41.8 34.9 35.3
Median age (Male) 41.3 33.8 33.9
Median age (Female) 43.9 36.1 36.6
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 6,279 49,420 107,317
# of persons per HH 1.9 2.3 2.3
Average HH income $36,205 $50,205 $51,386
Average house value $271,041 $194,436 $187,750
* Demographic data derived from 2010 US Census
Downtown Spokane Demographics Map
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 14The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
![Page 15: CRESCENT BUILDING - OFFICE & RETAIL SPACE...2nd Floor - Skywalk C-2 3,461 Current $16.00 Modified Gross (Excludes Janitorial & Electrical) 6th Floor 601 2,373 Current $18.00 Modified](https://reader033.vdocument.in/reader033/viewer/2022051923/6010ac215676787c8b716e81/html5/thumbnails/15.jpg)
Disclaimer
CRESCENT BUILDING - OFFICE & RETAIL SPACE | 707 W MAIN AVE, SPOKANE, WA 99201 SVN | Cornerstone | Page 15The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
The material contained in this Offering Brochure is furnished solely for the purpose of considering a lease of a portion ofthe property within and is not to be used for any other purpose. This information should not, under any circumstances,be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner(“Owner”), or used for any purpose whatsoever other than to evaluate the possible lease of the Property.
The only party authorized to represent the Owner in connection with the lease of the Property is the SVN Advisor listedin this proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Lease Offering Brochure.If the person receiving these materials does notchoose to pursue a lease of the Property, this Lease Offering Brochure must be returned to the SVN Advisor.
Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Lease Offering Brochure may include certainstatements and estimates by SVN with respect to the Property. These Assumptions may or may not be proven to becorrect, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Ownerdisclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from thisLease Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. Therecipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Lease Agreement between it and Owner.The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor, nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Lease Offering Brochure are advised and encouraged toconduct their own comprehensive review and analysis of the Property.
This Lease Offering Brochure is a solicitation of interest only and is not an offer to lease the Property. The Ownerexpressly reserves the right, at its sole discretion, to reject any or all expressions of interest to lease the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the LeaseOffering Brochure or making an offer to lease the Property unless and until the Owner executes and delivers a signedReal Estate Lease Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer to lease,a prospective lessee will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVNAdvisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective lessee, any prospective lesse should notrely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Lease Agreementshall bind the property and each prospective purchaser proceeds at its own risk.