8313 N Division St, Spokane, WA 99208
24,288 SF Class A retail building on Division Street.
- Added:
- Jan 27, 2026
- Days on Market:
- 151
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 8313 N Division St
General Information
- Standard status
- Active
- Size
- 24,288 SF
- Property subtype
- Retail
Listing office TOK Commercial (509) 623-1000
Listing date Jan 27, 2026
Source Crexi
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 TOK Commercial
HighLights
- Strategically located on Division Street, Spokane's premier retail corridor.
- High traffic count of 38,438 vehicles per day (AADT).
- Class A retail building.
- Single‑tenant property.
- Ample parking.
- Exceptional visibility.
Overview
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 | $393.5k | $16.20 |
| − Vacancy | −$33.4k | −$1.38 |
| EGI | $360.0k | $14.82 |
| − OpEx | −$108.0k | −$4.45 |
| NOI | $252.0k | $10.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.4120365
- Latitude
- 47.7330291
