5903 N Division St - Storefront FOR SALE


Spokane, WA 99208- North Hill
$2,480,000 USD
206-584-6195
5903 N Division St, Spokane, WA for Sale
$2,480,000 USD
Storefront - FOR SALE
1/4
null | 7.55% Cap Rate

5903 N Division St
Spokane, WA 99208
North Hill


HIGHLIGHTS

  • HIGH VISIBILITY & STRONG FRONTAGE
  • STRONG CORPORATE TENANCY
  • PASSIVE NNN LEASES
  • STRONG DEMOGRAPHICS
  • EXCELLENT PARKING & ACCESSIBILITY
  • HIGH-GROWTH SUBMARKET & LOW VACANCY

OVERVIEW

THE VARA GROUP 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. 5/1,000 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 onnectivity.

FOR SALE DETAILS

PRICE

$2,480,000 USD

PRICE/SF

$516 USD /SF

CAP RATE

7.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

GC

APN/PARCEL ID

36311.1606

ASK ABOUT THIS PROPERTY

RJ VaraMarcus & MillichapMore Info
206-584-6195

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RJ VaraMarcus & MillichapMore Info
206-584-6195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.