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Retail Space in Vanilla Shell

1840 W Francis Avenue, Spokane, WA 99205

For Lease
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The interior is delivered in shell condition, allowing a tenant to plan its own buildout.

Space Size27,625 SF
Days on Market27

Property Features for 1840 W Francis Avenue

General Information

Standard status Active
Size 27,625 SF
Net Rentable 27,625 SF
Property subtype Retail

Space & Availability

Available Space 27,625 SF
Contiguous Space 27,625 SF

Site & Location

Neighborhood Balboa/South Indian Trail

Building Details

Tenancy Multi

Spaces For Lease

at 1840 W Francis Avenue
Suite 5 Active
Size 27,625 SF
Contact us
Listing Agency: Kiemle Hagood
Listed By: Steve McIntosh
Source: Crexi
Added: Oct 14 Changed: Nov 9 Last Checked: Nov 9 at 1:59PM

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 Kiemle Hagood

Rey
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Investment Insights

Based on property information with market context.

This retail space in 5 Mile Shopping Center comprises approximately 27,625 SF and is offered in vanilla shell condition. Its prior use was as a Joann Fabrics store.

The property is at 1840 W Francis Avenue in Spokane, Washington, within 5 Mile Shopping Center.

Key Highlights

  • Approximately 27,625 SF of retail space
  • Vanilla shell condition for tenant customization
  • Located within 5 Mile Shopping Center

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Viking Sewing Gallery (Bike/Boat/Book/etc) Store JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Auto Parts Store Skin Care Clinic HVAC 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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 99205, WA

44,036
Population
18,791
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
93%
High-School Grad
9.0 sq mi
ZIP Area
4,893
Density / Sq Mi
$72,547
Median Household Income
$42,148
Median Earnings
$1,250
Median Rent
$286,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Spokane, WA

$19.16 /SF/Yr
Avg Asking Price
$8.89–$33 /SF/Yr
Price Range
12,416 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Spokane, WA

$17.98 Jul
$18.03 Aug
$18.62 Sep
$19.16 Oct

Properties on Market for Retail space in Spokane

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The interior is delivered in shell condition, allowing a tenant to plan its own buildout.
Where is this retail space located?
The property is located at 1840 W Francis Avenue Spokane, WA.
What are key features of this property?
This property features: Approximately 27,625 SF of retail space; Vanilla shell condition for tenant customization; Located within 5 Mile Shopping Center
(509) 755-7546 Call to check price and availability
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