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Former Anchor Retail Boxes
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14720 East Indiana Avenue, Spokane Valley, WA 99216

Two former Sears anchor boxes offered together or individually, each associated with 10M+ annual visits.

Property Size134,982 SF
Days on Market113

Property Features for 14720 East Indiana Avenue

General Information

Standard status Active
Size 134,982 SF
Total Parking Spaces 620
Property subtype Retail
Zoning Regional Commercial (RC)
Investment Type Value Add

Building Details

Year Built 1997
Stories 2
Units 1
Listing Agency: Newmark - Seattle
Listed By: Billy Sleeth · License #WA 88059
Source: Crexi
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 11 at 2:20PM

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 Newmark - Seattle

Investment Insights

Based on property information with market context.

This offering consists of two dominant former Sears anchor retail boxes presented together or individually. Public remarks note 10M+ annual visits associated with the anchor locations, supporting strong consumer draw as part of NorthTown Mall and Spokane Valley Mall.

The properties are located at 14720 E Indiana Ave, Spokane Valley, WA 99216. The anchor-box configuration makes the spaces well-suited for commercial redevelopment and tenant reconfiguration within established mall environments.

Interested buyers can evaluate either purchase as a stand-alone opportunity or consider the combined acquisition of both anchor boxes.

Key Highlights

  • Two former Sears anchor boxes offered together or individually at NorthTown Mall and Spokane Valley Mall
  • Each property is associated with 10M+ annual visits
  • Year built: 1997

Property Analytics

Current Use

CPI Home Inspector Sears Appliance Repair Hardware & Home Improvement Spirit Halloween (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Veterinary Clinic Storage Facility Electrical Service Catering Service

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

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby
Under-served
Demand for This Use

Demographics for 99216, WA

28,379
Population
12,703
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
1,999
Density / Sq Mi
$69,958
Median Household Income
$40,652
Median Earnings
$1,307
Median Rent
$336,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Spokane Valley Mall 14700 E Indiana Ave, Spokane Valley, WA 99216
  • Sunglass Hut 14700 E Indiana Ave Spc 1074, Spokane, WA 99216

Frequently Asked Questions

What type of property is this?
Shopping center - Two former Sears anchor boxes offered together or individually, each associated with 10M+ annual visits.
Where is this shopping center located?
The property is located at 14720 East Indiana Avenue Spokane Valley, WA.
What are key features of this property?
This property features: Two former Sears anchor boxes offered together or individually at NorthTown Mall and Spokane Valley Mall; Each property is associated with 10M+ annual visits; Year built: 1997
(206) 518-9567 Call to check price and availability
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