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10919 N Newport Hwy
Spokane, WA 99218
Retail Property For Sale


Executive Summary
- Single Tenant Starbucks with a dedicated drive-thru
- 7.0% Cap Rate
- Building Size: ± 2,011 SF
- Constructed in 2018
- Lot Size: ± 0.62 AC
- Zoning: GC (General Commercial)
- Traffic count: ± 25,000 VPD
- 7.0% Cap Rate
- Building Size: ± 2,011 SF
- Constructed in 2018
- Lot Size: ± 0.62 AC
- Zoning: GC (General Commercial)
- Traffic count: ± 25,000 VPD
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,500 SF
Building Class
B
Year Built
2018
Price
$1,500,000
Price Per SF
$600
Cap Rate
7%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.62 AC
Zoning
RC
Property Taxes
| Parcel Number | 36171.0108 | Improvements Assessment | $887,600 |
| Land Assessment | $296,580 | Total Assessment | $1,184,180 |
Property Taxes
Parcel Number
36171.0108
Land Assessment
$296,580
Improvements Assessment
$887,600
Total Assessment
$1,184,180
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