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    9520 Newport Hwy Spokane, WA 99218

    For Lease
    Contact for pricing

    High-traffic retail space available.

    Lot size:
    94,183 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity encompasses a 94,183 square foot building situated on a 7.4-acre lot along Newport Highway in Spokane's northern growth corridor. Currently, 10,000 square feet of retail space is available for lease, with delivery anticipated in Fall 2025. The property boasts ample parking with 268 spaces and excellent visibility due to its location and two curb cuts. The site benefits from high traffic counts, averaging over 24,000 vehicles per day. This prime location is adjacent to the Northpointe Plaza "Power-Center," anchored by established businesses such as Ross Dress for Less, Home Goods, and a soon-to-open Planet Fitness (Spring 2025). Access to the property is convenient, with entry from Holland Street on the south side. The single-story building offers multiple tenancy options, making it ideal for a variety of retail uses. Tenant improvement allowances are available. This property presents a unique chance to establish a presence in a thriving retail area with strong existing tenants and significant foot traffic. Contact for lease rates.

    Property Features for 9520 Newport Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,183 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    9520 N Newport Hwy
    Size
    10,000 SF

    HighLights

    • 94,183 SF retail building on 7.4 acres.
    • 10,000 SF of vacant space available, delivery Fall 2025.
    • Excellent Newport Hwy visibility with dual curb cuts.
    • Located in Spokane's thriving North Corridor, adjacent to Northpointe Plaza.
    • 268 parking spaces and tenant improvement allowances available.
    • High traffic count exceeding 24,000 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brad Dettmann, RPH Pharmacy Ulland Robert OD Optometrist higi Health Consultant HomeGoods Home Goods Store Ross Dress for Less Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -117.4029067
    Latitude
    47.744997

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available.
    Where is this retail property located?
    The property is located at 9520 Newport Hwy Spokane, WA.
    What are key features of this property?
    This property features: 94,183 SF retail building on 7.4 acres.; 10,000 SF of vacant space available, delivery Fall 2025.; Excellent Newport Hwy visibility with dual curb cuts.
    Request Owner's contact information
    9520 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
    9520 Newport Hwy Spokane, WA 99218
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