Retail Storefront
6821 N Division St Spokane, WA 99208
New
6821 N Division St, Spokane, WA, 99208
$700,000
For Sale
$700,000
Retail storefront with approximately 4,160 SF available for sale or lease on N Division St in Spokane.
Property Size4,200 SF
Price / SF$166.67
Days on Market6
Property Features for 6821 N Division St
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- retail
Listing agency
Spokane
(509) 505-7459
Listed by
Jared Smith · License #SP54152
(509) 505-7459
Source
Property.jll
Added: Jul 16 Updated: Jul 20 at 7:38PM Checked: Jul 21 at 3:21AM
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 Spokane
Investment Insights
Based on property information with market context.
Retail storefront space at 6821 N Division St in Spokane, Washington, offered for sale or lease. The property provides approximately 4,160 SF of available retail area.
For additional details on terms and availability, please contact the listing team. The listing indicates the property may also be available in the range of approximately 4,200 SF; confirm exact suite size and any leasing or sale structure directly with the broker.
For additional details on terms and availability, please contact the listing team. The listing indicates the property may also be available in the range of approximately 4,200 SF; confirm exact suite size and any leasing or sale structure directly with the broker.
Key Highlights
- Retail space available for sale or lease at 6821 N Division St, Spokane, WA 99208
- Approximately 4,160 SF available
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.0k | $16.20 |
| − Vacancy | −$5.8k | −$1.38 |
| EGI | $62.3k | $14.82 |
| − OpEx | −$18.7k | −$4.45 |
| NOI | $43.6k | $10.38 |
4,200 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$622.6K
$544.8K – $726.3K
NOI $43,580 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$948.2K – $1.26M
NOI $75,852 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
U-Haul Neighborhood Dealer
Car Rental Facility
16 Cents 3 ...
Furniture & Home Goods
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail storefront with approximately 4,160 SF available for sale or lease on N Division St in Spokane.
Where is this retail space located?
The property is located at 6821 N Division St Spokane, WA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Retail space available for sale or lease at 6821 N Division St, Spokane, WA 99208; Approximately 4,160 SF available
