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NNN Property with Corporate Lease
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259 West Spokane Falls Boulevard, Spokane, WA 99201

FedEx Office occupancy is supported by a corporate NNN lease structure with limited landlord responsibilities.

Property Size5,684 SF
Price / SF$389.04
Days on Market7

Property Features for 259 West Spokane Falls Boulevard

General Information

Standard status Active
Size 5,684 SF
Property subtype Retail
Lease Type NNN
Net Operating Income $132,677

Building Details

Year Built 2000
Year Renovated 2002
Tenancy Single
Listing Agency: Matthews
Listed By: Keegan Mulcahy · License #CA 2067187
Source: Crexi
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 10 at 2:14PM

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 Matthews

Investment Insights

Based on property information with market context.

This 5,684-square-foot NNN property was built in 2000 and is associated with a FedEx Office location. The asset is subject to a corporate lease structured on an NNN basis, placing landlord responsibilities within the stated lease framework.

The property is located at 259 West Spokane Falls Boulevard in Spokane, Washington, within the downtown area. Its established commercial setting and identified national office use provide a clear operating profile for review by prospective purchasers.

Key Highlights

  • 5,684‑square‑foot property built in 2000
  • FedEx Office location identified at the property
  • Corporate lease structure

Property Analytics

Current Use

FedEx Office Print ... Courier Service Rush My Passport Travel Agency FedEx Drop Box Postal Service

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Tanning Salon Butcher Clothing & Fashion Store Supermarket

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,171
Businesses Nearby

Demographics for 99201, WA

15,716
Population
8,842
Households
1.8
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
5,239
Density / Sq Mi
$35,286
Median Household Income
$36,599
Median Earnings
$883
Median Rent
$259,800
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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Frequently Asked Questions

What type of property is this?
NNN property - FedEx Office occupancy is supported by a corporate NNN lease structure with limited landlord responsibilities.
Where is this nnn property located?
The property is located at 259 West Spokane Falls Boulevard Spokane, WA.
What is the asking price?
The asking price for this property is $2,211,279.
What are key features of this property?
This property features: 5,684‑square‑foot property built in 2000; FedEx Office location identified at the property; Corporate lease structure
(615) 667-0160 Call to check price and availability
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