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510 S Freya St
Spokane, WA 99202
Wake Up Call Coffee · Retail Property For Sale
Investment Highlights
- 10-Year term with annual 2% rent increases. Yield increases 100 basis points in the primary term
- Strong regional brand with 49+ locations and 20+ years of operational success, all 100% company owned. Voted “Best Drive-Thru Coffee” four years
- Dense surrounding population with approximately 230,711 residents within a 5-mile radius, supporting strong daily drive-thru traffic
- Absolute NNN lease structure provides zero Landlord responsibilities. Seller to execute a brand-new lease at closing
- Strategic, high-visibility location on a one-way portion of Freya Street carrying all I-90-bound traffic directly past the property
- Additional daily draw provided by proximity to Fred Meyer, the only large-footprint grocery serving the immediate submarket just south of I-90
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,044 SF
Building Class
B
Year Built
1911
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.33 AC
Zoning
CB
Parking
6 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signalized Intersection
Property Taxes
| Parcel Number | 35222.4801 | Improvements Assessment | $642,800 |
| Land Assessment | $116,340 | Total Assessment | $759,140 |
Property Taxes
Parcel Number
35222.4801
Land Assessment
$116,340
Improvements Assessment
$642,800
Total Assessment
$759,140
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