Valvoline Ground Lease
1830 N Division St, Spokane, WA 99207
For Sale
New
Contact for pricing
A corporate-guaranteed lease provides scheduled rent increases with no landlord responsibilities.
Property SizeContact for details
Days on Market5
Property Features for 1830 N Division St
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Traffic Count
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Year Built
Tenancy
Listing Agency:
Kidder Mathews
(206) 296-9600
Listed By:
David Gellner · License WA #112893
(206) 747-4338
Source:
Moodyscre
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 9 at 1:58PM
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 Kidder Mathews
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Investment Insights
Based on property information with market context.
Built in 2025, this Valvoline property at 1830 N Division St is subject to a 15-year absolute NNN ground lease. The lease is corporate-guaranteed and assigns no landlord responsibilities. Rent increases by 10% every five years during the initial term and at the start of each option period.
The site occupies a signalized corner in Spokane, Washington, the state’s second-largest city. The intersection carries more than 40,000 vehicles per day.
The site occupies a signalized corner in Spokane, Washington, the state’s second-largest city. The intersection carries more than 40,000 vehicles per day.
Key Highlights
- 2025 construction
- 15‑year absolute NNN ground lease with no landlord responsibilities
- Valvoline corporate‑guaranteed lease
Property Analytics
Current Use
Lease Details
40,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for NNN properties in Spokane County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - A corporate-guaranteed lease provides scheduled rent increases with no landlord responsibilities.
Where is this nnn property located?
The property is located at 1830 N Division St Spokane, WA.
What is the asking price?
The asking price for this property is $2,527,000.
What are key features of this property?
This property features: 2025 construction; 15‑year absolute NNN ground lease with no landlord responsibilities; Valvoline corporate‑guaranteed lease
