From Listed to Under Contract in Less Than 30 Days
Celebrating a pending sale at 9629 N. Colfax Rd.!
9629 N. Colfax Rd. Spokane, WA
Office & Warehouse with Fenced Yard Space
Size: 2,948 SFT Land Size: 0.84 Acres
At Daines Capital Commercial Real Estate, every property comes with its own set of opportunities, challenges, and timelines. Sometimes, the right combination of pricing, positioning, marketing, and timing comes together quickly—and that’s exactly what happened with one of our recent office listings.
From the moment this office property hit the market, we began seeing encouraging activity. Within the first week of being listed, we were already conducting property tours with interested buyers. That immediate response was a strong indication that the property was resonating with the market and reaching the right audience. That interest quickly turned into something even more exciting: an offer.
Less than one month after bringing the property to market, we successfully secured a buyer and officially placed the property under contract with an offer our seller was happy with. The quick turnaround makes this milestone especially exciting given the pace of the commercial real estate market this year. Commercial properties typically require patience. Even a well-positioned property can reasonably spend three to four months on the market before securing the right buyer, and the slower start to this year's market has made strong, immediate activity even more notable.
Going from new listing → tours within the first week → under contract in less than a month is exactly the kind of momentum we love to see.
It also demonstrates the value of bringing a property to market with a thoughtful strategy from day one. Creating strong marketing materials, properly positioning the opportunity, reaching qualified buyers, and responding quickly when interest develops can all play an important role in getting a deal moving. Of course, going under contract is an exciting milestone, but there is still work ahead. Our team will continue working alongside our seller throughout the buyer's feasibility period and the remaining steps of the transaction. We're hopeful for a smooth due diligence process and an equally smooth closing.
For now, we're celebrating a fantastic start and, most importantly, an outcome that our seller is happy with.
Thinking about selling your commercial property?
Even in a slower market, the right strategy can make a difference. If you're curious about current buyer demand, what your property may be worth, or how we would position it for sale, contact Daines Capital Commercial Real Estate. We'd be happy to start the conversation.