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NEC Francis Ave and Freya St
Spokane, WA 99217
Land For Sale
·
2.30 AC
Investment Highlights
- 20 year ground lease NNN
- 2.3 Acres
- 4.25% Cap Rate
- New Construction/ Store Opening Early 2023
Property Facts
| Property Type | Land | Total Lot Size | 2.30 AC |
| Property Subtype | Commercial | Construction Status | Under Construction |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.30 AC |
| Construction Status | Under Construction |
Description
Under construction 20 year NNN ground lease to Maverik fuel center and convenience store in Spokane, WA. Located at one of only 5 exits along the North Spokane Corridor, a 10.5 mile multi-modal corridor linking I-90 to North Spokane unlocking exponential growth potential in the corridor.
Property Taxes
| Parcel Number | 36275.9196 | Improvements Assessment | $2,906,200 |
| Land Assessment | $804,990 | Total Assessment | $3,711,190 |
Property Taxes
Parcel Number
36275.9196
Land Assessment
$804,990
Improvements Assessment
$2,906,200
Total Assessment
$3,711,190
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