Corporate NNN Retail
For Sale
Contact for pricing
10205 N Division St, Spokane, WA 99218
La-Z-Boy retail showroom with a planned long-term corporate lease and multiple extension options.
Property Size18,060 SF
Lot Size1.00 Acre
Days on Market140
Property Features for 10205 N Division St
General Information
Standard status
Active
Size
18,060 SF
Lot size
1.00 Acre
Property subtype
Retail
Amenities
loading dock
Building Details
Tenancy
Single
Listing Agency:
Northmarq Capital, LLC
Listed By:
Anthony Cohen · License #CA 02097395
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 4:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This NNN retail property comprises an 18,060-square-foot La-Z-Boy Furniture Galleries showroom on a 1-acre site in Spokane, Washington. The facility includes one loading dock and is configured for furniture retail operations.
Following the anticipated acquisition of the business by La-Z-Boy Incorporated, the company is expected to execute a 10-year Triple-Net lease. Lease terms include 2% annual increases and four 5-year extension options, with the lease backed by La-Z-Boy Incorporated, a publicly traded home-furnishings company.
The property is located at 10205 N Division St and is described as being near Best Buy, Walmart, and Lowe’s. The store serves Spokane County and Kootenai County.
Following the anticipated acquisition of the business by La-Z-Boy Incorporated, the company is expected to execute a 10-year Triple-Net lease. Lease terms include 2% annual increases and four 5-year extension options, with the lease backed by La-Z-Boy Incorporated, a publicly traded home-furnishings company.
The property is located at 10205 N Division St and is described as being near Best Buy, Walmart, and Lowe’s. The store serves Spokane County and Kootenai County.
Key Highlights
- 18,060 square feet of retail/showroom space
- 1‑acre site with one loading dock
- Planned 10‑year Triple‑Net lease with La‑Z‑Boy Incorporated
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
966
Businesses Nearby
Explore this area
Business Placement
Demographics for 99218, WA
15,591
Population
6,464
Households
2.4
Avg Household Size
38
Median Age
37%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
2,293
Density / Sq Mi
$73,723
Median Household Income
$40,854
Median Earnings
$1,147
Median Rent
$404,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - La-Z-Boy retail showroom with a planned long-term corporate lease and multiple extension options.
Where is this nnn property located?
The property is located at 10205 N Division St Spokane, WA.
What are key features of this property?
This property features: 18,060 square feet of retail/showroom space; 1‑acre site with one loading dock; Planned 10‑year Triple‑Net lease with La‑Z‑Boy Incorporated
