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Property profile & analytics
FOR LEASE
Grocery and convenience stores
9001 N Indian Trail Rd Spokane, WA 99208
Entity Owned
Absentee Owner
Free & Clear
Property ID
US90-2840528
For Lease
1 / 19
$200 SF/Yr
9001 N Indian Trail Rd, Spokane, WA 99208
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Property summary
AI-generated overview
Sundance Plaza, located at 9001 N Indian Trail Rd in Spokane, WA 99208, offers exceptional retail opportunities in Spokane County. This ±128,553 square foot shopping center is situated in Northwest Spokane along Indian Trail Road, providing high visibility and accessibility. Currently, there are three available retail spaces ranging from a minimum of 1,451 square feet to a maximum contiguous space of 3,500 square feet. A total of 4,951 square feet is currently vacant, presenting a unique chance for businesses seeking immediate occupancy. The property's multiple tenancy structure allows for flexibility and diverse tenant mixes. The address is easily accessible and benefits from high traffic counts along Indian Trail Road. This established shopping center provides a strong foundation for businesses looking to establish or expand their presence in a thriving Spokane neighborhood. The available spaces are ideal for a variety of retail uses, offering ample space for businesses of various sizes. Interested parties are encouraged to inquire about lease terms and availability. The property is located at 47.739656 latitude and -117.488353 longitude.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2002
Total area
57,541 SF
Lot
12.43 ac (541,648 SF)
APN
26225.0156
UPID
US90-2840528
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sav-On Pharmacy Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Coinstar Kiosk - Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.19M
Comparable Approach
Comparable
$4.59M
Blend (final)
Blend
$7.49M
Owner & transaction history
SUNDANCE PLAZA LLC
SUNDANCE PLAZA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spokane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,950,000
6.5%
$9,185,000
7%
$8,530,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$11,370,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$7.49M
Range $6.74M – $8.23M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$130 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$92,553
Tax year 2023
Assessed value
$9,490,690
Assessed 2024
Previous assessed
$8,936,790
+6.2% YoY
Effective rate
0.98%
On assessed value
Assessed land
$2,166,590
Assessed improvement
$7,324,100
Land market value
$2,166,590
Improvement market value
$7,324,100
Total market value
$9,490,690
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
2002
Heating
NONE
Buildings
3
Stories
1
Total area
57,541 SF
Lot
12.43 ac (541,648 SF)
APN
26225.0156
UPID
US90-2840528
Jurisdiction
SPOKANE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$11.4M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Buildings
3
Lot
12.43 ac
Current owner
From public records · entity-resolved
SUNDANCE PLAZA LLC
Entity
Free & Clear · 0 yrs held
Mailing address
12906 N ADDISON ST, SPOKANE, WA 99218-8204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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