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5 Mile Shopping Center 15 Retail Properties Offered at $48,418,648 CAD in Spokane, WA
INVESTMENT HIGHLIGHTS
- Rising household incomes with strong longterm growth momentum
- Strong neighborhood owner-occupancy rates
- Anchored by major grocery tenant that drives consistent daily traffic
- Expanding consumer spending across retail and entertainment categories
- 66 Months Weighted Average Remaining Lease Term
- Supported by national QSR tenants providing steady customer flow
EXECUTIVE SUMMARY
5 MILE SHOPPING CENTER
As one of the region’s most established retail destinations, this grocery anchored, high-barrier to entry asset is comprised of 15 buildings with a total of ±163,161 improvement square feet. Possessing a vibrant mix of 34 tenants, including three ground lease parcels spanning ±82,370 square feet, this property combines long-standing stability with modern enhancements. 5 Mile Shopping Center offers broad appeal to both shoppers and tenants, benefiting from exceptional visibility, strong traffic counts, consistent occupancy, and ample onsite parking. Anchored by Rosauers and complemented by a diverse lineup of national and local retailers, this offering presents investors with a rare opportunity to acquire a high-performing asset featuring substantial frontage, proven income, and enduring market strength.
*For Full Offering Memorandum including rent roll and financial information, click the link on Flyer or Contact Listing Broker(s)*
As one of the region’s most established retail destinations, this grocery anchored, high-barrier to entry asset is comprised of 15 buildings with a total of ±163,161 improvement square feet. Possessing a vibrant mix of 34 tenants, including three ground lease parcels spanning ±82,370 square feet, this property combines long-standing stability with modern enhancements. 5 Mile Shopping Center offers broad appeal to both shoppers and tenants, benefiting from exceptional visibility, strong traffic counts, consistent occupancy, and ample onsite parking. Anchored by Rosauers and complemented by a diverse lineup of national and local retailers, this offering presents investors with a rare opportunity to acquire a high-performing asset featuring substantial frontage, proven income, and enduring market strength.
*For Full Offering Memorandum including rent roll and financial information, click the link on Flyer or Contact Listing Broker(s)*
PROPERTY FACTS
| Price | $48,418,648 CAD | Number of Properties | 15 |
| Price / SF | $322.24 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 150,256 SF |
| Status | Under Contract | Total Land Area | 27.29 AC |
| Price | $48,418,648 CAD |
| Price / SF | $322.24 CAD / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 15 |
| Individually For Sale | 0 |
| Total Building Size | 150,256 SF |
| Total Land Area | 27.29 AC |
PROPERTIES
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5 Mile Shopping Center
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