Former Sears Retail Anchor
For Sale
Contact for pricing
4750 N DIVISION ST, Spokane, WA 99207
Two large-format anchor boxes at regional malls, offered individually or together for retail backfill, healthcare, or redevelopment.
Property Size160,538 SF
Lot Size7.35 Acres
Days on Market103
Property Features for 4750 N DIVISION ST
General Information
Standard status
Active
Size
160,538 SF
Lot size
7.35 Acres
Property subtype
Retail
Zoning
GC-70 (General Commercial – City of Spokane)
Investment Type
Value Add
Building Details
Year Built
1954
Stories
1
Units
306
Listing Agency:
Newmark - Seattle
Listed By:
Billy Sleeth · License #WA 88059
(206) 518-9567
Source:
Crexi
Added: May 29
Changed: Sep 7
Last Checked: Sep 8 at 6:15AM
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.
The offering includes two former Sears anchor box properties, each designed for large-format retail use and available either together or separately. The assets provide substantial building scale and flexible interior configuration consistent with big-box anchor requirements. They are being marketed to support a range of reuse directions, including retail backfill, adaptive reuse, medical/education use, or redevelopment.
Spokane Valley Mall includes the anchor box at 14720 E Indiana Ave, Spokane Valley, with approximately 134,982 SF on about 8.93 acres, and is described as drawing 6.4M+ annual mall visits. NorthTown Mall includes the anchor box at 4750 N Division St, Spokane, with approximately 160,538 SF on about 7.35 acres, and is described as drawing 3.4M+ annual mall visits. The remarks further note that zoning and reciprocal easements are in place to preserve access, parking, and circulation for future ownership.
For buyers and serious tenant representatives, these anchor-box sites can be evaluated as stand-alone opportunities or as a combined portfolio, depending on the intended end use. The scale and mall-based environment can support operators seeking a large footprint within established shopping centers, while the noted access and circulation provisions are relevant for planning retail, service, healthcare, education, or redevelopment programs.
Spokane Valley Mall includes the anchor box at 14720 E Indiana Ave, Spokane Valley, with approximately 134,982 SF on about 8.93 acres, and is described as drawing 6.4M+ annual mall visits. NorthTown Mall includes the anchor box at 4750 N Division St, Spokane, with approximately 160,538 SF on about 7.35 acres, and is described as drawing 3.4M+ annual mall visits. The remarks further note that zoning and reciprocal easements are in place to preserve access, parking, and circulation for future ownership.
For buyers and serious tenant representatives, these anchor-box sites can be evaluated as stand-alone opportunities or as a combined portfolio, depending on the intended end use. The scale and mall-based environment can support operators seeking a large footprint within established shopping centers, while the noted access and circulation provisions are relevant for planning retail, service, healthcare, education, or redevelopment programs.
Key Highlights
- Two former Sears anchor boxes in Spokane, WA offered together or individually for retail backfill, healthcare, or redevelopment.
- Spokane Valley Mall: 14720 E Indiana Ave, Spokane Valley, WA 1134,982 SF on 8.93 acres.
- NorthTown Mall: 4750 N Division St, Spokane, WA 160,538 SF on 7.35 acres.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,391
Businesses Nearby
Balanced
Demand for This Use
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
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Northtown Square — 4727 N Division St, Spokane, WA 99207
- NorthTown Mall — 4750 N Division St, Spokane, WA 99207
- Sunglass Hut — 4750 N Division St Suite 1170, Spokane, WA 99207
- Fanorama Bungee — 4750 N Division St, Spokane, WA 99207
- Millard Mall Services — 4750 N Division St, Spokane, WA 99207
Frequently Asked Questions
What type of property is this?
Shopping center - Two large-format anchor boxes at regional malls, offered individually or together for retail backfill, healthcare, or redevelopment.
Where is this shopping center located?
The property is located at 4750 N DIVISION ST Spokane, WA.
What are key features of this property?
This property features: Two former Sears anchor boxes in Spokane, WA offered together or individually for retail backfill, healthcare, or redevelopment.; Spokane Valley Mall: 14720 E Indiana Ave, Spokane Valley, WA 1134,982 SF on 8.93 acres.; NorthTown Mall: 4750 N Division St, Spokane, WA 160,538 SF on 7.35 acres.
