10205 N Division St | Spokane, WA 99218
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- LoopNet Team
10205 N Division St
Spokane, WA 99218
La-Z-Boy | 8.5 Yr Lease | 2% Annual Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recent 10-Year Lease / +2% Annual Rent Increases
- New Roof and HVAC Replacement in 2019 / +54% Y-O-Y Increase in Customer Visits and Top 10% Store Nationwide
- High-Traffic Retail Location w/ Excellent Visibility
- Strong Corporate Guarantee / Full $1,000,000+ Property Renovation in 2022
- Minimal Landlord Responsibilities / Build-to-Suit with 25+ Years of Successful Operating History
- High Growth Sub-Market / Dense Demographics
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
18,060 SF
Building Class
B
Year Built/Renovated
1997/2022
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.41
Lot Size
1.00 AC
Zoning
RC
Parking
35 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
266’ on N Division St
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 36184.2564 | Improvements Assessment | $2,606,200 |
| Land Assessment | $475,560 | Total Assessment | $3,081,760 |
PROPERTY TAXES
Parcel Number
36184.2564
Land Assessment
$475,560
Improvements Assessment
$2,606,200
Total Assessment
$3,081,760
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