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Texas Roadhouse NNN Ground Lease
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7619 N Division St, Spokane, WA 99208

Absolute NNN structure with a corporate guarantee and over 14 years remaining on the initial term.

Property SizeContact for details
Days on Market140

Property Features for 7619 N Division St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Northmarq - Seattle
Listed By: Sean Tufts · License #WA 74057
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:21PM

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 Northmarq - Seattle

Investment Insights

Based on property information with market context.

This offering is an absolute NNN ground lease occupied by Texas Roadhouse, with more than 14 years remaining on the initial term. The lease is corporately guaranteed, providing a defined contractual structure for the property.

The parcel functions as an out-parcel to an At Home Superstore at 7619 N Division St in Spokane. Traffic along N Division Street exceeds 42,000 vehicles per day, and the property sits within a retail corridor that includes Target, Home Depot, Hobby Lobby, and other national retailers.

Key Highlights

  • Absolute NNN ground lease to Texas Roadhouse
  • Over 14 years remaining on the initial corporately guaranteed term
  • Out‑parcel to an At Home Superstore

Property Analytics

Current Use

Douglas W. Lyman, ... Physician Wireless Advocates Mobile Phone Store Cardtronics ATM Atm Pamela Ruch Pharmacy At Home Home Decor Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Restaurant HVAC Service Storage Facility

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

635
Businesses Nearby

Demographics for 99208, WA

58,531
Population
24,273
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
95%
High-School Grad
48.7 sq mi
ZIP Area
1,202
Density / Sq Mi
$81,084
Median Household Income
$45,733
Median Earnings
$1,226
Median Rent
$414,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN structure with a corporate guarantee and over 14 years remaining on the initial term.
Where is this nnn property located?
The property is located at 7619 N Division St Spokane, WA.
What are key features of this property?
This property features: Absolute NNN ground lease to Texas Roadhouse; Over 14 years remaining on the initial corporately guaranteed term; Out‑parcel to an At Home Superstore
More about this property
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