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1300-1312 N Mullan Rd 13,419 SF Retail Building Spokane Valley, WA 99206 $3,280,920 CAD ($244.50 CAD/SF) 7% Cap Rate

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Investment Highlights

  • Excellent Visibility, High Traffic Counts, Great Parking
  • Well Established Tenant Base, Some Upside in Rents
  • Corner Lot, Easy Freeway Access, Rapidly Growing Cooridor

Executive Summary

No seller financing is available.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,419 SF
Building Class
B
Year Built
1985
Price
$3,280,920 CAD
Price Per SF
$244.50 CAD
Cap Rate
7%
NOI
$229,664 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.98 AC
Zoning
CMU - Corridor Mixed Use
Parking
52 Spaces (4.69 Spaces per 1,000 SF Leased)
Frontage
298’ on N Mullan Rd.

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Nearby Major Retailers

Altitude Trampoline Park
Columbia Bank
Starbucks
Snap Fitness 24/7
Global Credit Union
U.S. Bank
Mike's
Tacotime
Anytime Fitness
Safeway

Property Taxes

Property Taxes

Parcel Number
45172.0834
Land Assessment
$638,215 CAD
Improvements Assessment
$2,074,293 CAD
Total Assessment
$2,712,508 CAD
  • Listing ID: 33612136

  • Date on Market: 2024-10-23

  • Last Updated:

  • Address: 1300-1312 N Mullan Rd, Spokane Valley, WA 99206

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