$2,880,000 USD
503-957-7945
1621 W Northwest Blvd
Spokane, WA 99205
Emerson Garfield
HIGHLIGHTS
- 10-Year term with annual 2% rent increases. Yield increases 100 basis points in the primary term.
- Absolute NNN lease structure provides zero Landlord responsibilities. Seller to execute a brandnew lease at closing
- Strong regional brand with 49+ locations and 20+ years of operational success, all 100% company owned. Voted “Best Drive-Thru Coffee” four years in a
- High-visibility location with frontage on Northwest Blvd. and Ash St. with multiple points of ingress and egress.
- Primary daily needs retail arterial, connecting directly to Interstate 90 and Downtown Spokane.
- Shadow-anchored by a Planet Fitness and Goodwill, and located directly across the street from a high-volume Safeway with strong annual sales.
FOR SALE DETAILS
PRICE
$2,880,000 USD
PRICE/SF
$2,308 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wake Up Call Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.49 AC
LAND SF
21,344 SF
ZONING
Community Business
APN/PARCEL ID
25121.6403
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503-957-7945
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503-957-7945
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