6720 N Division St 4.8 Acres of Commercial Land for Lease in Spokane, WA 99208

Positioned at the NEC of Division Street and Lyons Avenue, this ±4.8-acre parcel offers a rare ground lease opportunity in Spokane’s thriving retail corridor. The site is part of the Diamond Shopping Center and benefits from exceptional visibility and high traffic counts along Division Street, one of the city’s busiest commercial arteries. Located directly across from the new Lowe’s, the property enjoys strong co-tenancy potential and immediate access to established national retailers, creating a dynamic environment for retail or mixed-use development.
Zoned GC-70, the parcel provides flexibility for a wide range of commercial uses. On-site parking enhances convenience for future customers, while the surrounding trade area boasts a dense residential population and favorable demographics, including over 17,000 residents within one mile and an average household income exceeding $51,000. The site’s strategic location ensures seamless connectivity to Spokane’s core and major transportation routes, making it an ideal choice for businesses seeking long-term growth in a vibrant market.
This ground lease opportunity combines prime frontage, strong consumer demand, and proximity to major anchors, offering a compelling platform for retailers, service providers, or developers looking to establish a presence in Spokane’s most active retail corridor.