Shopping Strip
Holland Ave Retail Center | Featuring Drive-Thru and Below Market Rents
521 E Holland Ave, Spokane, WA 99218
Listing Price: $2,675,000
Investment Overview
Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale the Holland Ave Retail Center. The Property features a rare drive-thru and low average rent compared to the surrounding area. Holland Ave Retail Center is located less than a mile from the future development of 1,400 residences as well as 1.2 million SF of commercial space. The development and low average rent provide future leasing upside. The Property is located in Spokane, WA and benefits from an average household income within a 5-mile radius of over $72,767 and a 12.39% population growth since the 2010 census.
Holland Ave Retail Center | Featuring Drive-Thru and Below Market Rents
Investment Highlights
- RARE DRIVE-THRU RETAIL CENTER
- LOW AVERAGE RENT
- PRICED WELL BELOW REPLACEMENT COST
- LOCATED LESS THAN 1 MILE FROM PROPOSED DEVELOPMENT
- LOCATED LESS THAN 1 MILE FROM PROPOSED DEVELOPMENT
- EXCELLENT RETAIL LOCATION TUCKED BETWEEN NEWPORT HWY AND NEVADA ST WITH OVER 50,000 VPD
- HIGH BARRIERS TO ENTRY FOR NEW RETAIL DEVELOPMENT
- AFFLUENT DEMOGRAPHICS
Exclusively Listed By
Financing By
Shopping Strip
Holland Ave Retail Center | Featuring Drive-Thru and Below Market Rents
Listing Price: $2,675,000
Investment Highlights
- RARE DRIVE-THRU RETAIL CENTER
- LOW AVERAGE RENT
- PRICED WELL BELOW REPLACEMENT COST
- LOCATED LESS THAN 1 MILE FROM PROPOSED DEVELOPMENT
- LOCATED LESS THAN 1 MILE FROM PROPOSED DEVELOPMENT
- EXCELLENT RETAIL LOCATION TUCKED BETWEEN NEWPORT HWY AND NEVADA ST WITH OVER 50,000 VPD
- HIGH BARRIERS TO ENTRY FOR NEW RETAIL DEVELOPMENT
- AFFLUENT DEMOGRAPHICS
Investment Overview
Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale the Holland Ave Retail Center. The Property features a rare drive-thru and low average rent compared to the surrounding area. Holland Ave Retail Center is located less than a mile from the future development of 1,400 residences as well as 1.2 million SF of commercial space. The development and low average rent provide future leasing upside. The Property is located in Spokane, WA and benefits from an average household income within a 5-mile radius of over $72,767 and a 12.39% population growth since the 2010 census.
Exclusively Listed By
Financing By
