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    1711 Division St Spokane, WA 99205

    Sponsored
    For Lease
    $10 SF/Yr ($4,251 /Mo)

    Prime Spokane Warehouse, High Traffic

    Lot size:
    4,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,920 square foot single-tenant warehouse/retail space is ideally situated on North Division Street in Spokane. Boasting excellent visibility thanks to a pylon sign and ample off-street parking, this property benefits from a daily traffic count of 26,000 vehicles. The space is comprised of 3,000 square feet of retail area and 1,920 square feet of warehouse/office space, making it suitable for a variety of businesses. Its convenient location offers easy access to Gonzaga University, the downtown core, and the North Bank, enhancing its appeal to both employees and customers. A significant advantage is the proximity to a newly developed Panda Express, further boosting foot traffic and visibility. The property is available for lease at a monthly rate of $4,250 NNN. This represents a compelling investment opportunity in a high-demand area with strong growth potential. The lease commencement date was April 1, 2022.

    Property Features for 1711 Division St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,920 SF
    Total Rate
    4251.7

    Unit(s) available at that property

    Space
    Size
    4,920 SF
    Rate per SF
    $10

    HighLights

    • 4,920 SF single‑tenant warehouse retail space.
    • $4,250/month NNN lease rate.
    • 3,000 SF retail space and 1,920 SF warehouse/office space.
    • Available April 1, 2022 (Note: This date may be outdated).
    • 26,000 VPD traffic count with excellent pylon sign visibility.
    • Ample off‑street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rex & Relax Indoor ... Dog Park Spin City Indoor Cycling

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4115876
    Latitude
    47.6732591

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    FAQs

    What type of property is this?
    Distribution property - Prime Spokane Warehouse, High Traffic
    Where is this distribution property located?
    The property is located at 1711 Division St Spokane, WA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 4,920 SF single-tenant warehouse retail space.; $4,250/month NNN lease rate.; 3,000 SF retail space and 1,920 SF warehouse/office space.
    Request Owner's contact information
    1711 Division St Spokane, WA 99205
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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
    1711 Division St Spokane, WA 99205
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