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9520 N Newport Hwy
Spokane, WA 99218
3-Tenant Ross/Home Goods/Planet Fitness · Retail Property For Sale
Investment Highlights
- 100% of the Income Stream Is From National Tenants – HomeGoods, Ross Dress for Less, Planet Fitness
- Value Add With NOI Upside
- Well Below Replacement & Below Market Rents | $175 PSF
- 10-Yrs Corporate Executed Leases / Growing Income Stream
- Ease of Management & 100% Leased
- Heavy Traffic / Dense Retail Corridor with Close Proximity to Major Economic Drivers
Property Facts
Property Type
Retail
Property Subtype
Building Size
74,000 SF
Building Class
B
Year Built/Renovated
1986/2023
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
7.47 AC
Zoning
Commercial - Commercial
Parking
225 Spaces (2.39 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 36173.1340 | Improvements Assessment | $4,156,200 |
| Land Assessment | $2,276,330 | Total Assessment | $6,432,530 |
Property Taxes
Parcel Number
36173.1340
Land Assessment
$2,276,330
Improvements Assessment
$4,156,200
Total Assessment
$6,432,530
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