Property profile

9996 Newport Hwy Spokane, WA 99218

OFF-MARKET
Neighborhood centers
403,606 SF
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Property summary

AI-generated overview

Northpointe Plaza, Spokane County's largest power center, offers an exceptional retail investment opportunity. This 403,606 square foot property boasts a prime location with strong demographics and high daily traffic counts (approximately 35,000 cars per day). Currently, there are six suites available, with a total of 15,992 square feet of vacant space. Units 2-4 offer contiguous spaces ranging from 1,000 to 6,626 square feet. The minimum divisible space is 1,000 square feet, while the maximum contiguous space available is 5,677 square feet. The center is anchored by major retailers including Safeway, Best Buy, Target, and Big Lots, ensuring high visibility and consistent foot traffic. Attractive lease rates and generous tenant improvement allowances are available. Estimated net operating income (NNN) is $4.16. Contact us for specific asking rates and further details on this exceptional retail opportunity in a thriving Spokane County location. This property presents a unique chance to establish or expand your business within a well-established and successful power center.

Property profile

Verified
Property type Neighborhood centers
Total area 403,606 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
  • Tutoring Service

Location

9996 Newport Hwy Spokane, WA 99218
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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