4610 Division St Spokane, WA 99207-6009
This exceptional investment opportunity presents a fully leased 5,000 square foot retail strip center located at 4610 N Division Street in Spokane, Washington. Built in 1989 and renovated in 2006, the property sits on a 0.27-acre lot (APN 35052.0413) and boasts a desirable location with high visibility and traffic. The center currently houses Body by Biju & Extra Beauty, ensuring a stable income stream. With 12 parking spaces available, customer convenience is prioritized. The property benefits from a strong traffic count of approximately 41,000 vehicles per day on Division Street. The zoning is designated GC-70. This NNN leased investment offers a compelling 6.27% cap rate, making it an attractive addition to any portfolio. The asking price is $850,000. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a thriving Spokane location. Serious inquiries only.
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SMS Martial Arts Training Center Sports School
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Extra Beauty (Bike/Boat/Book/etc) Store Cosmetic Store
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Body By Biju - One on One Personal Training, Weightloss Program - Private Gym Spokane Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.