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River Ridge Shopping Center 4429-4507 W Wellesley Ave 8,000 - 30,050 SF of Retail Space Available in Spokane, WA 99205
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4503 | 8,000 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $112,000 /YR $9,333 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4507 | 22,050 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $308,700 /YR $25,725 /MO | Triple Net (NNN) |
1st Floor, Ste 4503
RIVER RIDGE SHOPPING CENTER Lease Rate: $14.00 PSF Available Space: SUITE 4503 | ±8,000 SF SUITE 4507 | ±22,050 SF Building Size: ±50,724 SF Lot Size: ±150,718 SF (±3.46 AC) Parcel Number: 25031.0117 Year Built: 1952 & 1972 Year Renovated: 1994 & 2012 Zoning: Neighborhood Retail (NR-35) Parking: ±131 Stalls Signage: Facade PROPERTY HIGHLIGHTS - High visibility Retail Center - Located on controlled intersection - Access via Assembly Street & Wellesley Avenue - Adjacent to VA Hospital and Dwight Merkel Sports Complex - Co-Tenants include: Fieldhouse Pizza, Full Stop Gas, Daily Habit, Chester's Chicken & Outlaw BBQ
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 4507
RIVER RIDGE SHOPPING CENTER LEASE RATE | $14.00 PSF /YR LEASE TYPE | NNN AVAILABLE SUITE | 4507 SUITE SIZE | ±22,050 SF TOTAL BUILDING SIZE | ±50,724 SF YEAR BUILT | 1952 & 1972 YEAR RENOVATED | 1994 & 2012 TOTAL LOT SIZE | ±150,718 SF (±3.46 AC) PARCEL NO. | 25031.0117 ZONING | Neighborhood Retail (NR-35) PARKING | ±131 Stalls SIGNAGE | Facade HIGHLIGHTS • High visibility Retail Center • Located on controlled intersection • Access via Assembly Street & Wellesley Avenue • Adjacent to VA Hospital and Dwight Merkel Sports Complex • Co-Tenants include: Fieldhouse Pizza, Full Stop Gas, Daily Habit, Chester's Chicken & Outlaw BBQ
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 | 30,050 SF | Total Land Area | 3.77 AC |
| Property Type | Retail | Year Built | 1952 |
| Property Subtype | Freestanding | Parking Ratio | 3.15/1,000 SF |
| Gross Leasable Area | 50,724 SF | Cross Streets | Assembly & Wellesley |
| Total Space Available | 30,050 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 50,724 SF |
| Total Land Area | 3.77 AC |
| Year Built | 1952 |
| Parking Ratio | 3.15/1,000 SF |
| Cross Streets | Assembly & Wellesley |
About the Property
HIGHLIGHTS • High visibility Retail Center • Located on controlled intersection • Access via Assembly Street & Wellesley Avenue • Adjacent to VA Hospital and Dwight Merkel Sports Complex • Co-Tenants include: Fieldhouse Pizza, Full Stop Gas, Daily Habit, Chesters Chicken & Outlaw BBQ
- Bus Line
- Pylon Sign
- Signage
Presented by
River Ridge Shopping Center | 4429-4507 W Wellesley Ave
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