Freestanding Drive-Through
For Sale
Contact for pricing
6525 E Broadway Ave, Spokane Valley, WA 99212
Masonry-built restaurant with pylon signage, on-site parking, and I-2 zoning for restaurant and other commercial uses.
Property Size3,175 SF
Lot Size0.77 Acres
Price / SF$291.34
Days on Market172
Property Features for 6525 E Broadway Ave
General Information
Standard status
Active
Size
3,175 SF
Total Parking Spaces
35
Lot size
0.77 Acres
Property subtype
RETAIL
Zoning
I-2
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Highway Access
Yes
Building Details
Year Built
1990
Buildings
1
Construction
masonry
Listing Agency:
Daines Capital
(509) 590-9114
Listed By:
Cayden Kerr · License ##24029593
(509) 342-6206
Source:
Moodyscre
Added: Apr 30
Changed: Oct 13
Last Checked: Oct 16 at 7:22AM
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 Daines Capital
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Investment Insights
Based on property information with market context.
The property consists of a freestanding 3,175-square-foot restaurant building on 0.77 acres. Constructed in 1990 with masonry materials, the improvements include a drive-through, 35 parking stalls, and a pylon sign. The layout and existing features support continued restaurant operations, while I-2 zoning allows a range of commercial uses.
Located at 6525 E Broadway Ave in Spokane Valley, the property sits near the Broadway Avenue and I-90 interchange, offering direct freeway access. Downtown Spokane is 5.6 miles away, and the surrounding area includes industrial, commercial, and service-oriented businesses. Its setting provides access to commuter, traveler, and daytime business activity.
Located at 6525 E Broadway Ave in Spokane Valley, the property sits near the Broadway Avenue and I-90 interchange, offering direct freeway access. Downtown Spokane is 5.6 miles away, and the surrounding area includes industrial, commercial, and service-oriented businesses. Its setting provides access to commuter, traveler, and daytime business activity.
Key Highlights
- 3,175‑square‑foot freestanding restaurant building on 0.77 acres
- Drive‑through configuration with 35 parking stalls
- Built in 1990 with masonry construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,919
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,380
$698.4K
Cap Rate 7%
$498,843
$498.8K
Cap Rate 9%
$387,989
$388.0K
Market Conditions
NOI Build-Up for 3,175 SF
Gross rent
$49.5K $15.60/SF
− Vacancy
−$3.0K −$0.94/SF
EGI
$46.6K $14.66/SF
− OpEx
−$11.6K −$3.67/SF
NOI
$34.9K $11.00/SF
Area
Spokane Valley, WA
Vacancy
6.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,380
Cap Rate 7%
$498,843
Cap Rate 9%
$387,989
Alternative Uses
Best Use
Specialty Retail
$498.8K
$436.5K – $582.0K
NOI $34,919 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$689.7K
$603.5K – $804.7K
NOI $48,280 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 99212, WA
21,672
Population
9,496
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
1,762
Density / Sq Mi
$66,250
Median Household Income
$39,829
Median Earnings
$1,184
Median Rent
$314,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Masonry-built restaurant with pylon signage, on-site parking, and I-2 zoning for restaurant and other commercial uses.
Where is this drive through restaurant located?
The property is located at 6525 E Broadway Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,175‑square‑foot freestanding restaurant building on 0.77 acres; Drive‑through configuration with 35 parking stalls; Built in 1990 with masonry construction
