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    Division St. Us 2 & Rowan Ave Fairwood, WA 99208

    For Lease
    Contact for pricing

    Spokane Retail Space Available Now

    Lot size:
    124,954 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Franklin Park Shopping Center, located at the high-traffic intersection of Division St. (US 2) and Rowan Ave. in Spokane, Washington (zip code 99208), offers exceptional retail and restaurant opportunities. This established center boasts a total of 124,954 square feet and features two suites currently available for lease. The minimum leasable space is 3,700 square feet, while the maximum contiguous space available is 6,090 square feet. A total of 9,790 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The property is situated in Spokane County and provides ample parking with 513 spaces for customer convenience. The property's prime location on a major thoroughfare ensures high visibility and accessibility for businesses. This is an ideal location for businesses seeking a strong presence in a thriving Spokane community. The property is classified as retail and restaurant space, making it suitable for a variety of commercial uses. The property's address is Division St. (US 2) & Rowan Ave., Fairwood, WA 99208.

    Property Features for 0 Division St. Us 2 & Rowan Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    124,954 SF

    Unit(s) available at that property

    Space
    Suite K13
    Size
    6,090 SF
    Space
    Suite 7
    Size
    3,700 SF

    HighLights

    • High‑traffic retail center at Division St. (US 2) & Rowan Ave., Spokane, WA 99208.
    • 124,954 square feet total, with 9,790 square feet currently vacant.
    • Two suites available for lease, ranging from 3,700 to 6,090 contiguous square feet.
    • Ample parking with 513 spaces.
    • Prime location on a major thoroughfare in a thriving Spokane community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairwood
    County
    Spokane
    State
    Washington
    Longitude
    -117.4644801
    Latitude
    47.7872368

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    FAQs

    What type of property is this?
    Restaurant - Spokane Retail Space Available Now
    Where is this restaurant located?
    The property is located at Division St. Us 2 & Rowan Ave Fairwood, WA.
    What are key features of this property?
    This property features: High-traffic retail center at Division St. (US 2) & Rowan Ave., Spokane, WA 99208.; 124,954 square feet total, with 9,790 square feet currently vacant.; Two suites available for lease, ranging from 3,700 to 6,090 contiguous square feet.
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    Division St. Us 2 & Rowan Ave Fairwood, WA 99208
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    Fairwood, WA 99208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Division St. Us 2 & Rowan Ave Fairwood, WA 99208
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