Technical
Financial
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Property profile

1711 Division St Spokane, WA 99205

OFF-MARKET
Warehouses
4,920 SF
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Property summary

AI-generated overview

This exceptional 4,920 square foot single-tenant warehouse/retail space is ideally situated on North Division Street in Spokane. Boasting excellent visibility thanks to a pylon sign and ample off-street parking, this property benefits from a daily traffic count of 26,000 vehicles. The space is comprised of 3,000 square feet of retail area and 1,920 square feet of warehouse/office space, making it suitable for a variety of businesses. Its convenient location offers easy access to Gonzaga University, the downtown core, and the North Bank, enhancing its appeal to both employees and customers. A significant advantage is the proximity to a newly developed Panda Express, further boosting foot traffic and visibility. The property is available for lease at a monthly rate of $4,250 NNN. This represents a compelling investment opportunity in a high-demand area with strong growth potential. The lease commencement date was April 1, 2022.

Property profile

Verified
Property type Warehouses
Total area 4,920 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
  • Dog Park
  • Cycling Facility Gym & Fitness Center

Location

1711 Division St Spokane, WA 99205
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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