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Urban-High Street

T-Mobile & Sleep Number

5903 N Division St, Spokane, WA 99208

Listing Price: $2,480,000

Cap Rate
7.55%
Gross SF
4,802
Rentable SF
4,802
Price/Gross SF
$516.45
Lot Size
0.35 acres
Year Built
2013

Investment Overview

Marcus & Millichap is pleased to present Spokane Division Retail, a 4,011 SF freestanding retail building located on one of Spokane’s highest-trafficked commercial corridors. Constructed in 2013, the property offers excellent visibility, modern infrastructure, and ample surface parking (approx. 4:1,000 SF). Surrounded by a dense mix of national retailers, medical offices, and restaurants, this asset benefits from strong foot traffic and consistent consumer demand in the thriving North Hill neighborhood.

Positioned along US-395/Division Street, a major north-south arterial, the site provides direct access to downtown Spokane and is less than 20 minutes from Spokane International Airport. Its central location allows tenants to effectively service the entirety of North Spokane, making it an ideal hub for retail operations. With over 135,000 residents projected within a 3-mile radius by 2029, the property presents a compelling opportunity for investors seeking long-term stability, high visibility, and strategic regional connectivity.

Investment Highlights

  • High Visibility & Strong Frontage
  • Strong Corporate Tenancy
  • Passive NNN Leases
  • Strong Demographics
  • Excellent Parking & Accessibility
  • High-Growth Submarket & Low Vacancy

Exclusively Listed By

Financing By

Urban-High Street

T-Mobile & Sleep Number

Listing Price: $2,480,000

Cap Rate
7.55%
Gross SF
4,802
Rentable SF
4,802
Price/Gross SF
$516.45
Lot Size
0.35 acres
Year Built
2013

Investment Highlights

  • High Visibility & Strong Frontage
  • Strong Corporate Tenancy
  • Passive NNN Leases
  • Strong Demographics
  • Excellent Parking & Accessibility
  • High-Growth Submarket & Low Vacancy

Investment Overview

Marcus & Millichap is pleased to present Spokane Division Retail, a 4,011 SF freestanding retail building located on one of Spokane’s highest-trafficked commercial corridors. Constructed in 2013, the property offers excellent visibility, modern infrastructure, and ample surface parking (approx. 4:1,000 SF). Surrounded by a dense mix of national retailers, medical offices, and restaurants, this asset benefits from strong foot traffic and consistent consumer demand in the thriving North Hill neighborhood. Positioned along US-395/Division Street, a major north-south arterial, the site provides direct access to downtown Spokane and is less than 20 minutes from Spokane International Airport. Its central location allows tenants to effectively service the entirety of North Spokane, making it an ideal hub for retail operations. With over 135,000 residents projected within a 3-mile radius by 2029, the property presents a compelling opportunity for investors seeking long-term stability, high visibility, and strategic regional connectivity.

Exclusively Listed By

Financing By

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