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    11402 Newport Hwy Spokane, WA 99218

    Sponsored
    For Lease
    Contact for pricing

    Prime Spokane location, multiple suites.

    Lot size:
    3,145 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant opportunity is located at 11402 N Newport Hwy in Spokane, Washington, 99218, Spokane County. The property offers multiple suites within a storefront setting, ideal for a variety of food service businesses. Currently, there are 5,290 square feet of vacant space available, with individual suites ranging from a minimum of 1,645 square feet to a maximum contiguous space of 2,000 square feet. The total number of suites in the building is three. This prime location enjoys high visibility and convenient access to the North Spokane Corridor, placing it in close proximity to a number of key amenities and a significant population base. The property benefits from its strategic position just south of the new Costco on Highway 2, ensuring high traffic volume and excellent exposure. Furthermore, its proximity to Whitworth University, Northwood Middle School, Farwell Elementary School, and the YMCA provides a strong and diverse customer base. The abundance of nearby retail establishments further enhances the property's appeal and potential for success. This is a rare opportunity to establish or expand a restaurant business in a thriving and well-connected area of Spokane. The property's size and layout offer flexibility for various restaurant concepts. Contact us today to learn more about this exciting opportunity.

    Property Features for 11402 Newport Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,145 SF

    Unit(s) available at that property

    Space
    Suite D
    Size
    1,645 SF
    Space
    Suite C
    Size
    1,500 SF

    HighLights

    • High‑traffic location on Newport Hwy with 26,000 cars per day.
    • Excellent visibility from Newport Hwy.
    • Ample signage opportunities available.
    • High density of residential units nearby.
    • Strong co‑tenancy with The Institute for Physical & Sports Therapy and Sew Uniquely You.
    • Suite A features two 12'H x 10'W roll‑up doors and a loft.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Institute for Physical and Sports ... Physical Therapy Clinic Mr. Charles Gallagher Physical Therapist Brandon Cook - State ... Insurance Agency Choice Family Primary ... Urgent Care Center BTS Limited Chocolate Artisan

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3900848
    Latitude
    47.7610464

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    FAQs

    What type of property is this?
    Restaurant - Prime Spokane location, multiple suites.
    Where is this restaurant located?
    The property is located at 11402 Newport Hwy Spokane, WA.
    What are key features of this property?
    This property features: High-traffic location on Newport Hwy with 26,000 cars per day.; Excellent visibility from Newport Hwy.; Ample signage opportunities available.
    Request Owner's contact information
    11402 Newport Hwy Spokane, WA 99218
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    Spokane, WA 99218
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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
    11402 Newport Hwy Spokane, WA 99218
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