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Freestanding For Sale • 22,750 SF
| LONG-TERM LEASE AND INCOME SECURITY A newly executed 10-year corporately guaranteed lease (March 2026) provides long-term contractual income. |
| RECENT ACQUISITION AND GROWTH RECAPITALIZATION Atlas Holdings acquired The ODP Corporation in December 2025 in an approximately $1 billion transaction |
| PROVEN LOCATION, FUNCTIONAL SITE & OPERATING HISTORY Continuous operation since 1990 demonstrates long-term success and performance. |
| ESTABLISHED AND SCALED TENANT PLATFORM The ODP Corporation generated approximately $6.99 billion in 2024 revenue and operates 869 locations. |
| HIGH-VISIBILITY & REGIONAL CONNECTIVITY Direct exposure and signage to Interstate 90 (100,000+ VPD) with proximity to the University District. |
| FLEXIBLE HIGH-DENSITY ZONING Generous growth oriented General Commercial zoning allows up to approximately 150-foot building height and broad uses. |
| Cap Rate: | 6.86 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Office Depot | 11/30/2036 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Spokane (Empire Builder - Amtrak) | 4 min | - | 1.2 mi |
| Airport | Drive | Walk | Distance |
| Spokane International | 13 min | - | 7.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 70 |
| Type: | Surface |
| Included in Rent: | Yes |
Brian Leibsohn
Linc Properties
Brian Leibsohn
Linc Properties
