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    OFF-MARKET
    Retail properties & Spaces

    9520 Newport Hwy, Spokane, WA 99218

    94,183 SF 7.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Total area 94,183 SF
    Lot 7.4 ac (322,344 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Brad Dettmann, RPH Pharmacy
    • Ulland Robert OD Physician
    • higi Physician
    • HomeGoods Home Decor Store Department Store
    • Ross Dress for Less Clothing Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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