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510 S Freya St
Spokane, WA 99202 East Central

$1,800,000 USD

Restaurant For Sale  •  5,940 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 1,044 SF
  • Lot Size 0.33 AC
  • Building Class B
  • Year Built 2015
  • Tenancy Multiple
  • Zoning CB
39 Transit Score
72 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 brand-new 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
Strategic, high-visibility location on a one-way portion of Freya Street carrying all I-90-bound traffic directly past the property
Dense surrounding population with approximately 230,711 residents within a 5-mile radius, supporting strong daily drive-thru traffic
Additional daily draw provided by proximity to Fred Meyer, the only large-footprint grocery serving the immediate submarket just south of I-90

Property Flyers

Amenities

  • Bus Line
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.2 mi
AirportDriveWalkDistance
Spokane International 14 min - 9.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Sean Mack 503-957-7945 Northmarq
Sean Mack 503-957-7945 Northmarq