Single-Tenant Retail
New
For Sale
Contact for pricing
7 E 3rd Avenue, Spokane, WA 99202
Fully occupied net-leased property with showroom, office, warehouse, and storage areas.
Property SizeContact for details
Days on Market7
Property Features for 7 E 3rd Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Engel & Volkers San Francisco
Listed By:
Andrew Black · License #CA 02076033
(415) 689-8592
Source:
Crexi
Added: Sep 11
Changed: Sep 16
Last Checked: Sep 16 at 3:13PM
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 Engel & Volkers San Francisco
Investment Insights
Based on property information with market context.
This 7,100-square-foot, single-story masonry building combines retail showroom, office, warehouse, and storage space. The property has operated continuously as a paint and coatings store since February 2012 and includes approximately 12-foot clear height and seven on-site parking spaces. The 0.31-acre site is fully occupied under a net lease with Rodda Paint Co. through January 31, 2032, plus one additional five-year option with 3% annual increases.
The tenant is responsible for real estate taxes, insurance, utilities, interior and building-system maintenance, parking-area maintenance, and snow removal. Located near East Third Avenue, South Division Street, Browne Street, and Interstate 90, the property provides access to Downtown Spokane and the broader Inland Northwest. Flexible DTS – Downtown South zoning applies to the site.
The tenant is responsible for real estate taxes, insurance, utilities, interior and building-system maintenance, parking-area maintenance, and snow removal. Located near East Third Avenue, South Division Street, Browne Street, and Interstate 90, the property provides access to Downtown Spokane and the broader Inland Northwest. Flexible DTS – Downtown South zoning applies to the site.
Key Highlights
- 7,100‑square‑foot single‑story masonry retail and warehouse building
- Fully occupied by Rodda Paint Co. through January 31, 2032
- One additional five‑year lease option with 3% annual increases
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,494
Businesses Nearby
Explore this area
Business Placement
Demographics for 99202, WA
21,969
Population
8,296
Households
2.6
Avg Household Size
31
Median Age
33%
College-Educated
92%
High-School Grad
5.9 sq mi
ZIP Area
3,724
Density / Sq Mi
$61,323
Median Household Income
$31,892
Median Earnings
$1,070
Median Rent
$268,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Fully occupied net-leased property with showroom, office, warehouse, and storage areas.
Where is this retail space located?
The property is located at 7 E 3rd Avenue Spokane, WA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 7,100‑square‑foot single‑story masonry retail and warehouse building; Fully occupied by Rodda Paint Co. through January 31, 2032; One additional five‑year lease option with 3% annual increases
