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    4411-4507 W Wellesley Ave Spokane, WA 99205

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    For Lease
    $14 SF/Yr

    Retail spaces available in high-visibility Spokane location.

    Property size:
    29,000 SF
    Lot size:
    3.46 Acres

    Property Features for 4411-4507 W Wellesley Ave

    General Information

    Size
    29,000 SF
    Lot size
    3.46 Acres

    Source: Kiemle Hagood Agent Jay Carson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center Space Available

    Available for lease are retail spaces ranging from approximately 1,000 to 29,000 square feet within a retail center. The building encompasses approximately 50,724 square feet and is situated on a lot of approximately 150,718 square feet, equivalent to approximately 3.46 acres. Constructed in 1952 and 1972, the property underwent renovations in 1994 and 2012. It is zoned as Neighborhood Retail (NR-35). Parking is provided by approximately 131 stalls. Facade signage is available. The retail center benefits from high visibility and is positioned at a controlled intersection. Access is available via Assembly Street and Wellesley Avenue. The location is adjacent to the VA Hospital and the Dwight Merkel Sports Complex. Current co-tenants include Fieldhouse Pizza, Full Stop Gas, Daily Habit, Chesters Chicken, and Outlaw BBQ.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Clothing Store Gym & Fitness Daycare Center Skin Care Clinic Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    River Ridge Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4759944
    Latitude
    47.7003806

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in high-visibility Spokane location.
    Where is this shopping center located?
    The property is located at 4411-4507 W Wellesley Ave Spokane, WA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - High visibility Retail Center; - Located on controlled intersection; - Available Space: **±1,000 SF - ±29,000 SF**
    (509) 862-5454
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4411-4507 W Wellesley Ave Spokane, WA 99205
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