609 S Fir Ave Deer Park, WA 99006
For Lease
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This exceptional retail property, located at 609 S Fir Ave in Deer Park, WA 99006, presents a unique investment opportunity. The property consists of two single-story buildings totaling 48,812 square feet, situated on a substantial 144,854 square foot lot. Built in 1980 and renovated in 1995, the center offers a blend of established infrastructure and updated amenities. Currently, there is 8,160 square feet of vacant space available, divisible into units as small as 2,160 square feet, with a maximum contiguous space of 6,000 square feet. The property boasts an excellent location off Highway 395, ensuring high visibility and accessibility for customers. Ample parking is provided, and pylon signage opportunities are available for enhanced brand recognition. A 5-year lease term is preferred. Please note that there are grocery restrictions in place. This property is ideal for a variety of retail uses and presents a strong potential for growth and return on investment in the thriving Deer Park market within Spokane County. The property's size and location make it an attractive option for both established businesses and new ventures seeking a prominent presence in this desirable area.
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
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.