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5605 E Sprague Ave 38,016 SF 100% Leased Retail Building Spokane, WA 99212 $11,812,450 CAD ($310.72 CAD/SF) 6.84% Cap Rate
Executive Summary
The site also offers future upside with the potential to develop an additional pad fronting Sprague Avenue, enhancing value through expansion or redevelopment. Strategically located within a high-demand retail corridor, this asset presents an attractive opportunity for investors seeking reliable cash flow with built-in growth potential.
Property Facts
Amenities
- Bus Line
- Freeway Visibility
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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- Triple Net
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Your Online General Store! Shop the casual lifestyle collection of comfortable clothing, sweatshirts, tees, accessories, sparkling jewelry, home décor and special gifts. You'll find heartwarming seasonal selections too. There’s something for everyone inside Country Store. Country Store was founded in 1973 and is part of Potpourri Group Inc. (PGI). From a single catalog title published in 1963, today PGI headquartered in North Billerica, Massachusetts is one of the largest multi-channel direct marketers in America.
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- Retailer
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- $21.97 CAD
- Triple Net
- Sep 2029
Dollar Tree started when Macon Brock, Doug Perry, and Ray Compton opened the first only dollar store in Georgia. The company expanded rapidly through the 1990s, acquiring competitors like Dollar Bill and Clearance Centers. In 2015, Dollar Tree merged with Family Dollar, creating a retail giant with thousands of locations across North America. Today, the company operates both Dollar Tree and Family Dollar stores that sell everything from household goods to frozen foods. Dollar Tree emphasizes value and convenience in all its product offerings.
- Precision Auto Glass
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | Triple Net | - | |
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Retailer | - | $21.97 CAD | Triple Net | Sep 2029 | |
| Precision Auto Glass | - | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 35144.9099 | Improvements Assessment | $7,568,445 CAD |
| Land Assessment | $2,032,446 CAD | Total Assessment | $9,600,891 CAD |
Property Taxes
Presented by
5605 E Sprague Ave
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