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    5620 Regal St Spokane, WA 99223

    Sponsored
    For Lease
    $25 SF/Yr

    1,152 SF Retail Space Available Now

    Lot size:
    18,244 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 1,152 square feet of space within a well-maintained, two-building strip center totaling 18,244 square feet. Built in 2017, the property boasts a convenient location with excellent access from both 55th Street and Regal Street, ensuring high visibility and accessibility for customers. The property sits on a substantial 97,391 square foot lot, providing ample parking for tenants and their patrons. The space is part of a multi-tenant building, offering a vibrant and established commercial environment. The property features pylon signage opportunities, enhancing visibility and brand recognition. The property's single-story design and well-maintained condition contribute to a positive and functional retail space. The available space is ideal for a variety of retail uses, benefiting from the existing infrastructure and established customer base of the center. The property's Assessed Parcel Number (APN) is 34041.0181, located in Spokane County. This is a turnkey opportunity for a business seeking a prime retail location with excellent visibility and ample parking. The property offers a strong foundation for growth and success in a thriving commercial area. Don't miss this chance to secure a space in this desirable retail center.

    Property Features for 5620 Regal St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,244 SF
    Total Rate
    38008.33

    Building Details

    Year Built
    2017
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Space 8
    Size
    1,152 SF
    Rate per SF
    $25

    HighLights

    • 1,152 SF retail space available in a multi‑tenant strip center.
    • Pylon signage opportunity available.
    • Convenient access from 55th St. and Regal St.
    • Ample on‑site parking.
    • Well‑maintained 2017‑built property totaling 18,244 SF on a 97,391 SF lot in Spokane County.
    Property Profile Location Intelligence

    Current Use by Public Records

    CHAS Southgate Medical ... Medical Clinic Domino's Pizza Pizza Delivery Lauren Williams Nurse Practitioner Beacon Cleaners Dry Cleaner CHAS Southgate Pharmacy Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.36923677281
    Latitude
    47.603475494786

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    FAQs

    What type of property is this?
    Neighborhood center - 1,152 SF Retail Space Available Now
    Where is this neighborhood center located?
    The property is located at 5620 Regal St Spokane, WA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 1,152 SF retail space available in a multi-tenant strip center.; Pylon signage opportunity available.; Convenient access from 55th St. and Regal St.
    Request Owner's contact information
    5620 Regal St Spokane, WA 99223
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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
    5620 Regal St Spokane, WA 99223
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