1621 W Northwest Blvd
Spokane, WA 99205 Emerson Garfield

$2,880,000 USD

Freestanding For Sale • 1,248 SF

Property Details

Property Type Freestanding
Total Building Size 1,248 SF
Lot Size 0.49 AC
Building Class B
Year Built 1999
Tenancy Single
Zoning Community Business

45 Transit Score

83 Walk Score

                
                    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.