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NNN Retail Space Near Sportsplex

412 W Boone Ave, Spokane, WA 99201

For Sale
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Retail space positioned on Boone Avenue near the Spokane Arena and Sportsplex parking, with low NNN expenses.

Property Size10,440 SF
Days on Market139

Property Features for 412 W Boone Ave

General Information

Standard status Active
Size 10,440 SF
Property subtype Retail

Site & Location

Neighborhood Emerson/Garfield

Building Details

Building Size 10,440 SF
Year Built 1955
Listed By: Guy D. Byrd, SIOR · License WA #17968
Source: Svncornerstone
Added: Jun 25 Changed: Nov 10 Last Checked: Nov 10 at 5:45AM

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 Guy D. Byrd, SIOR

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Investment Insights

Based on property information with market context.

This NNN retail property is located on the north periphery of the CBD along Boone Avenue. The offering is situated across from the Spokane Arena parking area and the area associated with the new Sportsplex. The property is positioned near the Rock Pointe office park and close to Spokane County Offices and the Spokane County Courthouse.

The surrounding commercial mix includes tenants such as Sherwin Williams and Volume Salon, along with GolfTec and Byram Healthcare. The Sportsplex is referenced as scheduled to open in August 2021, with events including volleyball, track and field, basketball, boxing, gymnastics, and judo.

For retailers and service providers seeking a Boone Avenue location with a nearby office and courthouse employment base, this center’s NNN structure and stated low NNN expenses of $2.25/SF may help support cost planning. The property’s placement along the north side of the CBD also provides straightforward visibility to an established parking area serving arena-adjacent activity.

Key Highlights

  • Retail space on Boone Avenue across from Spokane Arena parking and Spokane’s $58M Sportsplex
  • Sportsplex scheduled to open August 2021, with regional, national, and international sporting events
  • Low NNN expenses at $2.25/SF

Property Analytics

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

Current Use

Shala Living Yoga Gym & Fitness Center Yarrow Hot Yoga ... Gym & Fitness Center

Suggested Use

Top Pick Building Supply Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Parts Store Tanning Salon

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

3,119
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

$207 Jul
$200 Aug
$219 Sep
$221 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 - Retail space positioned on Boone Avenue near the Spokane Arena and Sportsplex parking, with low NNN expenses.
Where is this retail space located?
The property is located at 412 W Boone Ave Spokane, WA.
What are key features of this property?
This property features: Retail space on Boone Avenue across from Spokane Arena parking and Spokane’s $58M Sportsplex; Sportsplex scheduled to open August 2021, with regional, national, and international sporting events; Low NNN expenses at $2.25/SF
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