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Net-Leased Retail Shopping Center
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5005-5027 N Division St, Spokane, WA 99207

Northtown Plaza is 100% occupied with multiple net-leased tenants and parking parcels included in the offering.

Property SizeContact for details
Days on Market123

Property Features for 5005-5027 N Division St

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Northmarq
Listed By: Scott Frank · License #WA 4472
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 11:56AM

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

Investment Insights

Based on property information with market context.

Northtown Plaza is a 100% occupied retail shopping center configured as net-leased space. The property is currently leased to Men’s Warehouse, Subway, Northland Hearing Centers, and a separately-parceled Mattress Firm.

The center is positioned directly across from NorthTown Mall and is located along the I-90 corridor between Seattle and Minneapolis. The property sits at one of the city’s highest-trafficked intersections.

The offering includes a total of seven parcels, four of which are used for parking purposes, helping support strong parking ratios and providing sell-off potential for the additional parcels.

Key Highlights

  • Northtown Plaza is 100% occupied retail with net‑leased tenants.
  • Tenants include Men's Warehouse, Subway, Northland Hearing Centers, and a separately‑parceled Mattress Firm.
  • Property is located directly across from NorthTown Mall along the I‑90 corridor.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Electrical Service Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,436
Businesses Nearby
Balanced
Demand for This Use

Demographics for 99207, WA

32,059
Population
13,673
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
6,165
Density / Sq Mi
$55,548
Median Household Income
$31,712
Median Earnings
$1,127
Median Rent
$246,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Sunglass Hut 4750 N Division St Suite 1170, Spokane, WA 99207
  • Northtown Square 4727 N Division St, Spokane, WA 99207
  • Millard Mall Services 4750 N Division St, Spokane, WA 99207
  • Fanorama Bungee 4750 N Division St, Spokane, WA 99207
  • NorthTown Mall 4750 N Division St, Spokane, WA 99207

Frequently Asked Questions

What type of property is this?
Shopping center - Northtown Plaza is 100% occupied with multiple net-leased tenants and parking parcels included in the offering.
Where is this shopping center located?
The property is located at 5005-5027 N Division St Spokane, WA.
What are key features of this property?
This property features: Northtown Plaza is 100% occupied retail with net‑leased tenants.; Tenants include Men's Warehouse, Subway, Northland Hearing Centers, and a separately‑parceled Mattress Firm.; Property is located directly across from NorthTown Mall along the I‑90 corridor.
(503) 952-0700 Call to check price and availability
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