NNN Auto Service
For Sale
Contact for pricing
103 E Lincoln Rd, Spokane, WA 99208
Renovated facility with updated roofing, drainage, and drywell systems supports ongoing automotive service operations.
Property Size5,014 SF
Price / SF$319.11
Days on Market104
Property Features for 103 E Lincoln Rd
General Information
Standard status
Active
Size
5,014 SF
Class
A
Total Parking Spaces
16
Property subtype
Retail
Zoning
GC
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$103,500
Site & Location
Traffic Count
43,552 vehicles/day
Road Access
Yes
Building Details
Year Built
1986
Year Renovated
2025
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Las Vegas
Listed By:
Dustin Alvino · License #NV BS.0143692
(702) 215-7100
Source:
Crexi
Added: Jul 3
Changed: Oct 13
Last Checked: Oct 12 at 9:20PM
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 Marcus & Millichap - Las Vegas
Investment Insights
Based on property information with market context.
This auto service property contains a 5,014-square-foot facility occupied by Wilde Automotive Repair. The building was constructed in 1986 and received capital improvements in 2025, including a new roof, drains, and drywells. The property is leased on a triple-net basis, with 18 years of firm lease term remaining and 15% rental increases scheduled every five years.
The site is located at 103 E Lincoln Rd in Spokane, Washington, just off the signalized intersection of E Lincoln Rd and N Division St. The surrounding retail corridor records 43,552 vehicles per day and includes major big-box and lifestyle tenants. GC zoning is also in place for the property.
The site is located at 103 E Lincoln Rd in Spokane, Washington, just off the signalized intersection of E Lincoln Rd and N Division St. The surrounding retail corridor records 43,552 vehicles per day and includes major big-box and lifestyle tenants. GC zoning is also in place for the property.
Key Highlights
- 5,014 SF auto service facility occupied by Wilde Automotive Repair
- Triple‑net lease with 18 years of firm term remaining
- 15% rental increases every five years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,026
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,520
$1.0M
Cap Rate 7%
$743,229
$743.2K
Cap Rate 9%
$578,067
$578.1K
Market Conditions
NOI Build-Up for 5,014 SF
Gross rent
$81.2K $16.20/SF
− Vacancy
−$6.9K −$1.38/SF
EGI
$74.3K $14.82/SF
− OpEx
−$22.3K −$4.45/SF
NOI
$52.0K $10.38/SF
Area
Spokane, WA
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,520
Cap Rate 7%
$743,229
Cap Rate 9%
$578,067
Alternative Uses
Best Use
Retail
$743.2K
$650.3K – $867.1K
NOI $52,026 @ 7.0% cap · market cap 3.25%
Second Best
Industrial
$416.7K
$364.7K – $486.2K
NOI $29,172 @ 7.0% cap · market cap 1.82%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,553 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
43,552 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99208, WA
58,531
Population
24,273
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
95%
High-School Grad
48.7 sq mi
ZIP Area
1,202
Density / Sq Mi
$81,084
Median Household Income
$45,733
Median Earnings
$1,226
Median Rent
$414,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Arrotta's Mitsubishi Service Center — 7005 N Division St, Spokane, WA 99208
- 24/7 Tow Truck Spokane - Towing Service — 7503 N Division St, Spokane, WA 99208
- Jiffy Lube — 7320 N Division St, Spokane, WA 99208
- Auto Glass Express - North — 7318 N Division St, Spokane, WA 99208
- Dave's Small Engine Repair — 209 W Brita Ave, Spokane, WA 99208
Frequently Asked Questions
What type of property is this?
Auto shop - Renovated facility with updated roofing, drainage, and drywell systems supports ongoing automotive service operations.
Where is this auto shop located?
The property is located at 103 E Lincoln Rd Spokane, WA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 5,014 SF auto service facility occupied by Wilde Automotive Repair; Triple‑net lease with 18 years of firm term remaining; 15% rental increases every five years
