Property profile

2912 Palouse Hwy Spokane, WA 99223

OFF-MARKET
Neighborhood centers
4,017 SF Built 2014
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Property summary

AI-generated overview

This exceptional retail space, totaling 1,303 square feet, is situated within the Regal Plaza at Palouse Shopping Center on Spokane's South Hill. Located at 2912 E Palouse Hwy, Suite E, Spokane, WA 99223, this end-cap unit offers excellent visibility and accessibility. The property boasts three parapet signs, providing ample opportunity for branding. The space is part of a larger 4,017 square foot building constructed in 2014, situated on a substantial 114,898 square foot lot. Benefit from a prime location with a protected left turn signalized intersection at Palouse Highway and Regal Street, which sees a daily traffic count of 19,300 vehicles. This strong location is shadow anchored by Target and enjoys excellent co-tenancy with established businesses including MOD Pizza, PetSmart, T-Mobile, and Numerica Credit Union. The property is a single-story building with the address cross-referenced as Regal St. and has an APN of 34032.0015 in Spokane County. This is a multiple-tenancy retail space within a neighborhood center, presenting a compelling opportunity for businesses seeking high visibility and strong foot traffic in a thriving Spokane community. The property is conveniently located near major roadways and offers easy access for customers. This space is ready for immediate occupancy.

Property profile

Verified
Property type Neighborhood centers
Year built 2014
Total area 4,017 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Tanning Salon
  • Hair Salon

Location

2912 Palouse Hwy Spokane, WA 99223
Spokane metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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