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2607 N Division St 4,500 SF of Retail Space Available in Spokane, WA 99207
Highlights
- Heavy Traffic
- High Visibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,500 SF | Negotiable | $26.66 /SF/YR $2.22 /SF/MO $119,970 /YR $9,998 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Security System
- Corner Space
- Smoke Detector
- 4,500 SF retail and office
- 200 feet of Division Street frontage
- Average daily traffic count of 24,825 vehicles
- Fully renovated in 2021
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,500 SF | Gross Leasable Area | 4,500 SF |
| Property Type | Retail | Year Built/Renovated | 1998/2021 |
| Property Subtype | Freestanding |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,500 SF |
| Year Built/Renovated | 1998/2021 |
About the Property
High-visibility former auto dealership available for sale or lease along Division Street. The property includes an approximately 4,500 SF retail and office building situated on an approximately 29,000 SF lot with 200 feet of Division Street frontage and an average daily traffic count of 24,825 vehicles. Fully renovated in 2021, the building features modern glass-walled offices, two restrooms, a break room with kitchenette, and an attached garage with a 10-foot overhead door. Additional amenities include a security system, exterior lighting, intercom system, prominent electronic sign, and select personal property included with the property. The fully paved and landscaped site includes an irrigation system and provides substantial vehicle display and parking capacity. With excellent visibility and an established automotive layout, the property is well suited for another dealership, automotive-related business, equipment sales operation, or a variety of high-visibility retail uses. Personal property included with sale includes tables, desks, chairs, ping pong table, flat screen tv, storage racks, safe, popcorn maker.
- Corner Lot
- Signage
- Storage Space
- Smoke Detector
Nearby Major Retailers
