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Suncrest Outpost Shopping Center Nine Mile Fall 20,000 SF 100% Leased Retail Building Nine Mile Falls, WA 99026 $3,300,000 ($165/SF)
Investment Highlights
- Multi-Tenant Retail & Service Center
- Future Development Opportunity
- Storage Facility
Executive Summary
This expansive site in Nine Mile Falls, Washington, presents buyers with a significant development opportunity, featuring over 60 acres of contiguous land in a rapidly growing area near Spokane. Positioned with excellent regional connectivity, it offers convenient access to Downtown Spokane and adjacent suburban markets while maintaining proximity to natural amenities and residential communities. The site is currently positioned for flexible use possibilities, including commercial or mixed-use development, depending on zoning compliance. With its large footprint and strong accessibility, this property offers substantial potential for an investor seeking to capitalize on continued demand in the Spokane metro region.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,000 SF
Building Class
C
Year Built
2010
Price
$3,300,000
Price Per SF
$165
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
8.03 AC
Zoning
commercial
Parking
120 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
421’ on West Tamarac Lane
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 5121000 | Improvements Assessment | $2,733,477 |
| Land Assessment | $100,000 | Total Assessment | $2,833,477 |
Property Taxes
Parcel Number
5121000
Land Assessment
$100,000
Improvements Assessment
$2,733,477
Total Assessment
$2,833,477
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Suncrest Outpost Shopping Center | Nine Mile Fall